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Benchmarks rise nearly 1.5% after Monday's crash
The Morning Standard
|April 09, 2025
Following the heavy fall of Monday, domestic equity markets rebounded on Tuesday, with the benchmark indices - BSE Sensex and NSE Nifty50 - gaining about 1.5% each.
The recovery is driven by positive trade discussions between nations, which also lifted Asian stock markets.
The Sensex settled at 74,227.08, up by 1089.18 points or 1.49% and the Nifty 50 gained 374.25 points or 1.69% to close at 22,535.85. In the broader markets, the Nifty Midcap 100 and Nifty Small cap 100 indices gained 2.11% and 2.13%, respectively.
Meanwhile, the volatility index, India VIX, cooled off sharply by 10.31% to 20.44, indicating easing market volatility. In the Asian markets, Japan's Nikkei 225 surged 6% on Tuesday, Shanghai Composite Index jumped 1.58%, and Hong Kong's Hang Seng index rose 1.51%.
This story is from the April 09, 2025 edition of The Morning Standard.
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