One trading day into Donald Trump’s second term and it’s clear the stock market has a new driver, at least for now. Share prices rallied Tuesday, with gains largely generated by one thing the president didn’t do: enact sweeping tariffs on major trading partners.

Investors are appraising Trump policies' likely impact on stocks on the last trading day before the inauguration.

The Nifty 50 ended 130.75 points higher, or a 0.57% gain, to settle at 23,164 points, while the BSE Sensex finished the trade at 76,383 points, 0.72% higher than Tuesday’s close.

Donald Trump’s second presidency is now underway. Here’s a look at how U.S. stocks have fared historically during a new president’s initial months in the White House.

SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.

US stocks closed higher Tuesday after the first full day of Donald Trump’s second presidency, as traders absorbed a blizzard of executive orders that so far point to less aggressive action on trade.

Stock markets in the Asia-Pacific region have moved higher after President Donald Trump outlined a pro-business agenda for his second term in the White House and stopped short of imposing new trade tariffs on his first day in office.

Markets rose after Trump's day-one trade policy was softer than feared, with the President holding off on issuing new tariffs via executive order.

US stocks ticked higher but currencies swung a day after Donald Trump’s inauguration, as investors weighed further tariff threats from the new president against an absence of day one actions. The S&P 500 was up 0.

Stock markets in the Asia-Pacific region made modest gains on Tuesday after President Donald Trump said he is thinking of imposing new tariffs on Mexico and Canada. Shares were flat to a little higher after Trump pledged in his inaugural address to bring in a "golden age" for America.