Indian markets getting negative cues from foreign markets today

US equity markets closed the day yesterday, 28^th July, on a mixed note. Nasdaq ended the day, up by 70.27 points or 0.33%. Tesla’s stock gained more than 3%. This, after the company signed a deal with Samsung for supply of chips for its EVs. Dow Jones ended the day, down by 64.36 points or 0.14%. S&P 500 ended the day, up by 1.13 points or 0.018%.

US President Donald Trump has reduced the deadline for Russia to do a ceasefire with Ukraine to 15 days. He said that if ceasefire is not reached within 15 days, US will impose double tariffs on countries that buy Russian goods.

European markets end in red

Euro Stoxx 50 ended the day, yesterday, down by 14.58 points or 0.27%. Dax ended the day, down by 247 points or 1.02%. FTSE 100 ended the day, down by 38.87 points or 0.43%. Many are unhappy with the terms of the US-EU trade deal.

Asian markets begin the day on a reddish note

At 8:50 a.m. 29^th July, 2025, Nikkei 225 is down by 374.95 points or 0.91%. Hang Seng is down by 228.29 points or 0.89%. Shanghai composite is up by 1.05 points or 0.029%. Kospi is up by 22.07 points or 0.69%.

Indian markets are likely to see further decline today. Disappointing June quarter results of many companies will add to the anxiety regarding Indo-US trade deal.

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Source: Dow Jones