Gift Nifty was trading around 22,396.00 level, a discount of nearly 234.35 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.

Gold was steady as traders braced for the US to increase tariffs on Chinese goods to as high as 104%, with Beijing expected to retaliate as well. Bullion eased after a record-breaking run which included an all-time high of $3,

After a day of turmoil caused by Donald Trump’s tariff policy announcement, the Indian stock market showed signs of recovery. On Tuesday, both Sensex and Nifty opened on a positive note, with Sensex jumping over 100 points and Nifty gaining more than 300 points at the start of the session.