The domestic stock market opened with a positive attitude on Tuesday after a three -day holiday. During this time, there was a tremendous boom in the Sensex and Nifty. In early trade, the Sensex rose 1,750.37 points to 76,907.63 points, while the Nifty showed 539.8 points to 23,368.35 points.
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Sensex’s condition of 30 shares
NSE top gainers and top losis shares
This is the move of the market
The Indian stock market was strongly opened on Tuesday amidst expectations of global optimism and reduced business tension. This fast came after recent statements of the US government and prohibition on tariffs. The Nifty 50 index jumped from 539.80 points or 2.36 per cent to 23,368.35 points, while the BSE Sensex opened by 1,679.20 points or 2.23 per cent to 76,836.46 points amidst a signal of potential relief in tariffs.
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Improvement in market perception
The signs of announcement of more trade concessions in semiconductor and electronics sectors by US President Donald Trump improved market perception. Banking and market expert Ajay Bagga said that the Indian markets are firm to see positivity today. The worst phase of Trump Tariff Tantrums is probably over. This is the same for at least 90 days.
The effect of concession in Trump’s tariff
US customs have recently announced temporary tariff exemption on major consumers and industrial electronics including semiconductor. On Sunday, the US Commerce Secretary clarified that relief is temporary. Trump also confirmed in a post that these measures were short -lived. He said that new semiconductor tariffs could be announced next week.
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Greenery also in global markets
Global markets also reacted positively to these developments. The Asian, European and American markets all closed at high levels on Monday. In pre-market trading, US Big Tech companies saw an increase of more than 6 per cent. Meanwhile, Indian investors continued to show confidence in the market. Despite cash shortage in March, Indian SIP investors invested over Rs 25,000 crore in equity mutual funds, giving the markets strong support. In the last session on 11 April, foreign institutional investors (FIIs) were pure sellers who withdraw Rs 2,519 crore, while domestic institutional investors (DIIs) remained a net buyer, who invested Rs 3,759 crore.
