Stock markets rebounded sharply on Tuesday (April 8, 2025), a day after going through the worst drubbing in 10 months, as benchmark Sensex recouped 1,089 points after across-the-board worth shopping for amid firm Asian and European markets.
The 30-share BSE Sensex jumped 1,089.18 points or 1.49% to settle at 74,227.08 with 29 of its elements ending within the inexperienced. During the day, it climbed 1,721.49 points or 2.35% to 74,859.39.
The NSE Nifty surged 374.25 points or 1.69% to 22,535.85. Intra-day, the benchmark soared 535.6 points or 2.41% to 22,697.20.
Sensex tanked 2,226.79 points or 2.95% and Nifty tumbled 742.85 points or 3.24%, marking their worst single day decline in 10 months as global fairness markets went right into a tailspin on recession fears after U.S. tariff battle.
On Tuesday (April 8), all Sensex corporations, besides Power Grid, ended within the optimistic territory. Titan, Bajaj Finance, State Bank of India, Larsen & Toubro, Axis Bank, Bajaj Finserv, Asian Paints and Zomato had been the largest gainers.
World markets additionally staged a comeback after Monday’s collapse.
In Asian markets, Tokyo’s Nikkei 225 index, Hong Kong’s Hang Seng, Shanghai SSE Composite index and South Korea’s Kospi settled within the optimistic territory after falling sharply on Monday (April 7). Nikkei 225 index jumped 6%.
European markets had been quoting larger. U.S. markets ended largely decrease on Monday (April 7).
Foreign Institutional Investors (FIIs) offloaded equities value ₹9,040.01 crore on Monday, whereas Domestic Institutional Investors (DIIs) purchased shares value ₹12,122.45 crore, based on trade knowledge.
Global oil benchmark Brent crude climbed 0.22% to $64.35 a barrel.
Benchmark indices Sensex and Nifty logged their worst single-day decline in 10 months on Monday (April 7), as fears that U.S. President Donald Trump’s insurance policies on reciprocal tariffs could result in recession and better inflation within the U.S. going forward unnerved buyers.
Published – April 08, 2025 05:07 pm IST
