Opening market Bell: Sensex slips 123 points, Nifty falls below 22,500 ahead of RBI policy announcement

The Indian stock market opened lower on Wednesday, April 9, 2025, with both benchmark indices starting the session in the red. The 30-share BSE Sensex fell by 123.25 points to begin the market session at 74,103.83, while the Nifty 50 declined by 75.55 points, opening at 22,460.30. In the previous market trading session, the Sensex had closed at 74,227.08 and the Nifty at 22,535.85. At the start of today’s market trade, the BSE Midcap and Smallcap indices also dropped over 1 per cent.

Power Grid leads early gains; Tata Steel tops losers as market open mixed

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From the Sensex pack, Power Grid, Nestle India, Hindustan Unilever, Maruti, and Mahindra & Mahindra were among the biggest gainers in the opening trade, with Power Grid gaining around 5.02 per cent. On the other hand, Tata Steel, Tech Mahindra, Infosys, HCL Tech, and Sun Pharma were trading in the red in the opening trade. Tata Steel was the biggest loser, down 2.69 per cent in the early trade. In early trade, 1,594 stocks in the Nifty pack were trading in the red, while 528 were trading in the green. 78 stocks remained unchanged.

Asia slip amid U.S. tariff concerns; Wall Street rebounds with strong gains

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Meanwhile, Asian shares opened lower as the White House moved forward with extensive tariffs on trading partners, including a 104 per cent levy on China, dampening investor risk appetite. However, Wall Street saw some recovery on Tuesday. The S&P 500 was up 3.7 per cent. The Dow Jones Industrial Average was up 1,388 points, or 3.6 per cent, and the Nasdaq composite rose 4.1 per cent.

At the time of writing the news, Japan’s Nikkei 225 was down 1,181.32 points or 3,62 per cent. South Korea’s Kospi dipped 31.50 points or 1.35 per cent. While Hong Kong’s Hang Seng fell 303.55 points.  China’s Shanghai Composite was in the green when writing this news.