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Indian Markets Rally as Trump's 90-Day Tariff Pause Eases Investor Concerns

The Sensex surged nearly 1,400 points and Nifty gained over 400 points following a temporary halt on U.S. tariffs for countries other than China.

Stock market news: A man walks past the bull statue at BSE building in Mumbai.
The BSE Sensex has plunged nearly 2% since the beginning of the month.
At 10 am, the benchmark BSE Sensex was up by 1,595.37 points or 2.12 per cent, reaching 76,752.63. The broader NSE Nifty was 481.70 points up or 2.11 per cent in the green, reaching 23,310.25.

Overview

  • The Indian stock market rebounded on April 15, with the Sensex rising 1,386 points (1.84%) and the Nifty gaining 413 points (1.81%) at opening trade.
  • This rally follows U.S. President Donald Trump's announcement of a 90-day pause on new tariffs for nations excluding China, easing global trade tensions.
  • Earlier in April, the Indian markets experienced significant losses, with the Sensex dropping nearly 2% and over ₹11.30 lakh crore in market capitalization wiped out due to tariff fears.
  • Analysts remain cautious, predicting continued uncertainty for the next three to six months due to fears of a U.S. economic slowdown and global recession risks.
  • Technical indicators show a bullish trend, with the Sensex closing above key moving averages and forming a bullish Marubozu candle, signaling potential upward momentum.