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Sensex, Nifty jump nearly 2% on US tariff timeout
Hindustan Times Bengaluru
|April 12, 2025
The US announced suspension of additional tariffs on India for 90 days
MUMBAI: Benchmark Sensex surged by 1,310 points while Nifty closed above 22,900 level on Friday on gains in banking, oil and metal shares as investors rejoiced the 90-day suspension of additional import duties by the US.
Defying a bearish trend in world markets, the 30-share BSE benchmark Sensex jumped 1,310.11 points or 1.77% to settle at 75,157.26. During the day, it soared 1,620.18 points or 2.19% to 75,467.33.
The NSE Nifty surged 429.40 points or 1.92% to 22,828.55. In intra-day trade, the benchmark rallied 524.75 points or 2.34% to 22,923.90.
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