Sensex, Nifty Today: Indian markets erased all the losses triggered by US President Donald Trump’s announcement regarding the imposition of reciprocal tariffs on April 15.
Indian markets have become the first global market to completely offset the losses as both the headline indices closed higher by over 2 per cent. As trading on D-street resumed, the Sensex rallied 1577.63 points or 2.1 per cent to close at 76,734.89 levels and on the other hand the Nifty closed at 23,328.55 up by 500 points or 2.19 per cent.
Top Gainers On April 15
As many as 49 constituents of the Nifty 50 index advanced on April 15, while one stock closed in the red. Shares of IndusInd Bank Ltd, Shriram Finance and Tata Motors emerged as top-gainers closing higher by as much as 6.67 per cent. Other major gainers included Larsen & Toubro, Dr Reddy’s Laboratories and Axis Bank which ended higher by up to 4.59 per cent. Shares of ITC bucked the trend and closed lower by 0.28 per cent.
Major Sectoral Indices Close In Green
The Nifty Realty index gained the most among all sectoral indices as it closed higher by 5.64 per cent. Other sectoral indices which gained significantly included Nifty Auto and Nifty Metal index which surged 3.39 per cent and 3.2 per cent. The broader market indices such as the Nifty SmallCap 100 and the Nifty MidCap 100 also 2.92 per cent and 3.08 per cent.
Global Markets
US indices traded mixed with the S&P 500 and Nasdaq closing in the green up by 0.79 per cent. On the other hand, Dow Jones Futures closed lower by 0.38 per cent. European indices such as FTSE 100, CAC 40 and DAX Performance Index traded higher by up to 0.77 per cent at the time of writing. Asian indices such as the Nikkei 225, Hang Seng and Shanghai also traded higher by 0.83 per cent at the time of writing.
Primary Market Action
Aegis Vopak Terminals Ltd has received the final observation from the Securities and Exchange Board of India (Sebi). The company plans to raise Rs 3,500 crore through its initial public offering.
Cues To Watch
The wholesale price index (WPI)-based inflation and retail inflation data were released on April 15, D-street is expected to factor in the impact of the headline inflation easing over the next few sessions.
