Stock Market Live Today: Markets likely to open higher, Asia trades in the green

Sensex Nifty Today | Stock Market Live Updates: Indian stock markets are poised for a positive start on today, March 6, as indicated by GIFT Nifty, fuelled by a sharp recovery in the previous session that ended a prolonged losing streak. Most Asian markets trading higher after the US delayed tariffs on select automakers. However, Australia’s market moved against the trend, opening lower.

Key things to watch out –

Trump’s tariff warning: US President Donald Trump has once again taken aim at India’s high tariffs, particularly in the auto sector, where duties reportedly exceed 100%. Addressing Congress, he announced that from April 2, the US will impose reciprocal tariffs, matching India’s levies. He also indicated at additional trade barriers if American companies face restrictions in India.

Bond Market selloff hits Asia: A sharp bond market selloff rattled Asia, with Japan’s 10-year yield surging to 1.5% – a level last seen in 2009 amid inflation concerns. The downturn, sparked by heavy selling in German bunds, sent US Treasury yields higher for the third consecutive session, nearing 4.3%. Bond yields in Australia and New Zealand also saw a significant uptick. Meanwhile, Asian equities found some relief from the delay in certain US tariffs on Mexico and Canada.

US markets: US stock markets closed higher on Wednesday, with the Nasdaq Composite surging 1.46% to 18,552.73. The Dow Jones Industrial Average gained 1.14% to close at 43,006.59, while the S&P 500 advanced 1.12% to settle at 5,842.63.

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