Hello and welcome to our live coverage of stock markets.
The GIFT Nifty, an early indicator of Nifty's 50's performance, was at 25,700, suggesting a gap-up open for Indian equities. India's benchmark equity indices ended the session and the week on a higher note on Friday as strength in financial and energy stocks outweighed continued losses in information technology. The BSE Sensex added 316.57 points or 0.38% to settle at 82,814.71 and the Nifty 50 gained 0.5% to close at 25,571.25. Intraday, both the benchmark indices gained 0.8%.
Investors will assess the tariffs uncertainities after US President Doland Trump fresh tariff uncertainty after Donald Trump raised US import duties temorarily to 15% from 10%, in a reaction post the tariffs strikedown by the US Supreme Court.
Meanwhile, Asia-Pacific markets rose on Monday even as tariff uncertainty persisted after US President Donald Trump said he would raise global tariffs to 15% from 10% over the weekend. South Korea's Kospi rose for a third straight session to a record high; the Kosdaq added 0.74%, while SK Hynix and Samsung Electronics rose over 3% and 2%, respectively.