Indian stock markets witnessed a turnaround on Thursday after a negative start in the morning session. The markets surged around 1 per cent by mid-session due to a strong domestic structural story and FPI buying.
Asian stock markets surged on Thursday after US President Donald Trump announced a 90-day pause on tariffs for 75 countries, including India. This decision brought some relief to global investors amid rising trade tensions.
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The Indian stock markets remained closed on Monday in observance of Eid-ul-Fitr celebrations, while other major Asian markets faced heavy selling pressure.
After an initial dip, both benchmark indices rebounded sharply, with the Sensex surging 609.87 points to close at 74,340.09, while the Nifty 50 climbed 207.40 points to end at 22,544.70.
March has historically been a strong month for market recoveries, with an average gain of 1.7 per cent since 2009 (excluding 2023), says a report by Axis Securities.
Indian stock markets opened with marginal gains on Tuesday despite ongoing selling pressure from foreign investors, which continues to weigh on market sentiment.
Foreign portfolio investors (FPIs) have sold equities worth over Rs 1 lakh crore from Indian markets in less than two months of 2025, according to data released by the National Securities Depository Limited (NSDL).