Indian stock markets, Sensex and Nifty, opened in the red following indications of US rice tariffs. Investors are also keeping an eye on the US-India trade deal, global market pressures, and activities in the IPO segment.
Stock Market Today: The Indian stock market opened in the red on Tuesday, December 9, 2025, amidst declines in Asian markets. US President Donald Trump signaled the possibility of imposing tariffs on rice imported from India. This led to negative investor sentiment and impacted the potential trade deal with the US.
The BSE Sensex opened over 300 points lower at 84,742 and was trading at 84,664, down by 437.87 points, at 9:25 AM. Similarly, NSE's Nifty-50 opened at 25,867 and was trading at 25,825.80, a fall of 134.75 points.
Global Market Pressure
Markets across Asia fell due to a sell-off on Wall Street and US-China trade concerns. Mainland China's CSI 300 index dropped 0.11 percent after the US government approved the sale of H200 chips to China, while Hong Kong's Hang Seng was down 0.41 percent. Japan's Nikkei fell 0.11 percent, and South Korea's KOSPI declined 0.39 percent. US stock markets also closed in the red, with the Dow Jones down 0.45 percent, the S&P 500 down 0.35 percent, and the Nasdaq down 0.14 percent. Investors are closely monitoring the Federal Reserve's policy meeting this week.
Focus on Rice-Related Stocks
In the domestic market today, special attention will be on rice-related stocks. US President Donald Trump's signal of new tariffs has heightened concerns that the trade deal between Washington and New Delhi might remain unresolved. Investors may monitor the performance of companies in this sector.
IPO Update
In the mainboard segment, the IPO subscriptions for Corona Remedies and Wakefit Innovation will enter their second day. In the SME segment, the IPO subscriptions for Flywings Simulator Training Centre, NCompass Design India, and Methodhub Software will close today. Shares of Neochem Bio Solutions and Helojee Holidays will be listed today. Additionally, the IPO allotments for Western Overseas Study Abroad and Luxury Time Limited will be finalized.
