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Sensex rallies 1,500 points, wipes out year's losses
Hindustan Times Bengaluru
|April 18, 2025
The benchmark BSE Sensex turned positive for the year for the first time in three months on Thursday, April 17, going up 1,508.91 points during the day to close at 78,553.20.
NEW DELHI: This means that the index is now 0.06% up from January 1.
After months of decline driven by foreign investor selling, weak earnings, and global headwinds, Indian markets have staged a strong recovery in recent sessions.
On Tuesday, the Sensex became the first major global index to recoup losses from Donald Trump's April 2 tariff announcement.
Banking stocks have powered the rebound, supported by cooling inflation, favorable monsoon forecasts, and prospects of deeper RBI rate cuts.
यह कहानी Hindustan Times Bengaluru के April 18, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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