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Nifty 50, Sensex surge over 7% since 7 April low as FPIs return
Mint Mumbai
|April 18, 2025
Back in the green
Indian benchmark indices continued the rally on Thursday, surging more than 7% since their recent lows amid Trump's tariff flip-flops. Nifty 50 closed 1.77% higher on Thursday, up 414.45 points at 23,851.65. Sensex closed 1.96% up at 78,553.2. Since its last intraday low of 21,743.65 on 7 April, Nifty 50 index has recovered 7.43%.
The Indian benchmarks had fallen more than 5% after US President Donald Trump announced tariffs on 2 April. But after Trump paused tariffs on all trading partners except China, the subsequent rally in Nifty 50 erased the losses by 15 April and the benchmark has since extended gains.
Dit verhaal komt uit de April 18, 2025-editie van Mint Mumbai.
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