Trump's tariff threat shakes the stock market, Sensex-Nifty fall sharply, but IndusInd Bank's stock rises:

News Topical, Digital Desk : On Monday, after US President Donald Trump's new tariff warning to India, Indian stock markets witnessed a sharp decline. Trump has said that India will have to pay a heavy price for buying oil from Russia, and America will impose a big export tariff. After this statement, the market remained under pressure on Tuesday. Sensex is at 80,582 with a decline of about 450 points and Nifty is at 24,599 with a decline of 123 points. Midcap and Smallcap stocks also saw a decline. Market experts believe that if a tariff deal is not reached between America and India soon, and the tariff remains at 25%, then further decline in the market is possible.

Nifty Energy, PSU Bank and Realty are in slight uptrend. Nifty Oil & Gas (-1.29%) and IT (-0.93%) were the biggest loser sectors. India VIX rose 1.5%, which is indicating nervousness.

IndusInd Bank became the shining star
RBI appointed Rajiv Anand as the new MD & CEO of the bank, after which the stock saw a rise of more than 5%. Emkay Global says that Anand's long experience in banking and digital business can prove to be positive for the bank.

Movement of other stocks Marico shares fell 1%, the company's Q1FY26 profit increased by 8.2% to ₹ 513 crore, but concerns remain about margins. Sona BLW shares rose 2%, even though profit in Q1 fell by 12.2% to ₹ 125 crore. CLSA has set a target of ₹ 566 with 28% upside.

Technical View Nifty has again defended the support of 24,600–24,500, which has been in place since May. The range of 24,850–24,950 remains a resistance zone for now. Strategy: Buy on Dips and Sell on Rise—Buy near support and book profits at resistance.