कोशिश गोल्ड - मुक्त
Sensex, Nifty surge over 2% as tariff pause buoys global stocks
Mint New Delhi
|April 16, 2025
India VIX, a volatility gauge, plunged 20% to close at 16.13 and analysts see it falling to around 12 in coming days
India's benchmark indices surged by more than 2% after an extended weekend on Tuesday, taking cues from resurgent Asian peers following US President Donald Trump's 90-day pause on tariffs on all trading partners except China.
The Asian markets kicked off the week with gains on Monday, a holiday in India on Ambedkar Jayanti. The mood stayed upbeat on Tuesday, spilling into Indian equities, which added ₹10.5 trillion to market capitalization in a day.
"Today's market movement is the catch-up rally by India," said Gaurav Dua, senior vice president & head-capital market strategy at Mirae Asset Sharekhan. "On Monday, the postponed tariff effective date by 90 days led to rally globally. The Indian market is reacting today due to a holiday yesterday."
यह कहानी Mint New Delhi के April 16, 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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