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Signs of recovery: Nifty, Sensex gain 2% in 2 sessions
The New Indian Express Kollam
|March 07, 2025
DOMESTIC equity market is showing signs of recovery after facing severe selling pressure over the last one month and recording continuous declines since late September 2024.
The two benchmark indices—BSE Sensex and NSE Nifty50—have gained 2% in the past two sessions, rekindling hopes of a turnaround among investors. The fresh gains come as global cues improved after the U.S. President Donald Trump softened his tariff stance on automakers from Canada and Mexico. Additionally, an improvement in the Chinese economy provided a much-needed boost to metal stocks, while a fall in crude oil prices also lifted sentiment.
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