Synopsis : Indian stock markets surged on Tuesday as Sensex rallied over 1,600 points and Nifty crossed the 23,300 mark. The rally was powered by a global sentiment boost after the US exempted electronics from proposed tariffs.
In a robust display of investor optimism, Indian benchmark indices Sensex and Nifty50 witnessed a powerful rally on Tuesday morning. The Sensex skyrocketed by 1,610 points (2.14%) to reach 76,767, while the Nifty50 surged 493 points (2.16%) to 23,321 by 9:56 AM.
This upbeat momentum was largely driven by positive global cues following U.S. President Donald Trump's announcement to exempt electronics from his proposed reciprocal tariffs. The move sparked relief across global equity markets, fueling risk-on sentiment among investors.
The relief in tariffs, particularly on electronic goods, is expected to benefit India’s tech and manufacturing sectors, prompting a wave of broad-based buying across various industries. Sectors including IT, consumer durables, and banking saw substantial traction as investors cheered the news.
Market experts believe this rally could have a lasting impact, with improved foreign inflows and stronger investor confidence in emerging markets. The development also temporarily eases concerns around a looming global trade war, encouraging markets to recalibrate for further growth.
As trading continues, all eyes remain on upcoming global policy developments and macroeconomic indicators that could influence the next market move.
Disclaimer : This article is for informational purposes only and does not constitute financial advice. Investors are advised to consult with a qualified financial advisor before making any investment decisions.
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