Global Trade Relief Fuels Indian Market Surge – Sensex Skyrockets

Indian stock markets witnessed a euphoric rally on Friday, April 11, after US President Donald Trump announced a 90-day pause on additional tariffs for all nations except China. The move provided much-needed relief to investors, propelling Sensex and Nifty to their steepest single-day rise in months.

Key Highlights:

Sensex Surge: BSE Sensex surged 1,310 points (1.8%) to settle at 75,157.3, its best performance since February 2025.

Nifty Gains: The NSE Nifty rose 429 points (1.9%), closing at 22,829, its highest level since November 2024.

Market Capitalization Boom: Market capitalization of BSE-listed companies rose to ₹401 trillion, with investors adding ₹7.7 trillion of wealth.

Top Performers: Adani Enterprises, Tata Steel, Cipla, JSW Steel, and Tata Motors were among the biggest gainers, rising up to 5%.

Global Impact: Asian markets also rallied previously in hopes of tariff relief, with Japan's Nikkei index rising 9.1% and Taiwan's benchmark gaining 9.3%.

Trade War Concerns Persist: While the optimism existed, ongoing fears about rising US-China trade tensions limited gains across the globe.

The rally got support from strong domestic institutional buying of ₹3,759 crore countering foreign portfolio investors' net selling of ₹2,519 crore. Investors are advised by experts to be cautious as global trade developments and corporate earnings can dictate market direction over the next few weeks.

Sources: Economic Times, Moneycontrol, Business Standard