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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.
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