Sensex Nifty Today | Stock Market Live Updates: Indian stock markets are likely to open on a weaker note on Wednesday, March 6, as indicated by GIFT Nifty trends. Investors remain cautious after recent losses, with the Sensex marking its third consecutive session in the red and the Nifty 50 extending its losing streak to ten straight sessions- the longest since its launch nearly 30 years ago. On the previous trading day, the Sensex edged down by 96 points to settle at 72,989, while the Nifty slipped 36 points to close at 22,082.

The big factors that impacted markets today –

Asian markets show mixed trends: Asian markets opened on a cautious yet largely positive note on Wednesday. Japan’s Nikkei 225 inched up 0.25%, and the Topix gained 0.28%. South Korea’s Kospi rose 1.09%, with the smaller Kosdaq advancing 1.26%. However, Australia’s S&P/ASX 200 slipped 0.73%.

China’s economic roadmap for 2025: China has outlined its economic targets for 2025, setting a GDP growth goal of around 5% while keeping inflation under control with a 2% consumer price index target. The government plans to maintain a budget deficit of about 4% of GDP and inject 500 billion yuan in special sovereign bonds to support major banks.

Wall Street extends losses: US markets saw another day of declines as investor sentiment took a hit following the implementation of fresh tariffs. The Dow Jones tumbled 670 points or 1.55% to 42,520.99, while the S&P 500 dropped 1.22% to 5,778.15. The Nasdaq Composite also lost ground, slipping 0.35% to 18,285.16.

Trade war escalates with retaliatory tariffs: The US has imposed 25% tariffs on imports from Mexico and Canada, along with increased duties on Chinese goods. In response, Canada announced countermeasures on $20.7 billion worth of U.S. products, covering consumer staples like orange juice, peanut butter, and motorcycles. China retaliated with additional tariffs of up to 15% on select US import.

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