Mkts Erase Post-Tariff Losses as US Signals Exemptions

Nifty closes 2.19% higher at 23,328.55, while Sensex gains 2.1% to 76,734.89

- Reuters

Indian shares joined a global relief rally on Tuesday after US President Donald Trump signaled more tariff exemptions, helping the benchmark Sensex recover losses from earlier this month.

The Nifty and Sensex surpassed their April 2 closing of 23,332.35 points and 76,617.44 points, respectively, during the day.

The 50-stock index closed 2.19% higher at 23,328.55, just 4 points shy of the April 2 closing level before Trump announced reciprocal tariffs, while the Sensex gained 2.1% to 76,734.89.