Indian stock indices closed handsomely higher on Friday, supported by the Trump's decision to pause the reciprocal tariffs on dozens of countries, including India, for 90 days.
Indian stock indices recovered substantially on Tuesday, after the bloodbath of the previous session. Sensex closed 1,089 points or 1.5 per cent higher at 74,227 points.
Stock indices in India edged higher Friday, the last trading session of the week, as the investors closely watch out for July-September quarter GDP data to be released later today.
Keeping the early gains intact, stock indices in India closed with handsome gains on Monday. In the process, it made a good start to the new week and helped regain some of the recent losses.
The Indian Stock markets on Wednesday positively reacted to the presidential election outcome in which former president Donald Trump claimed victory in the United States.
Sensex finally closed the day at 79,476.63 points, up 694.39 points or 0.88 per cent, 24,198.30 points, up 202.95 points or 0.85 per cent. Benchmark Sensex is however some distance behind its all-time high of 85,978 points.
Among the Nifty 50 stocks, Wipro, Tech Mahindra, HDFC Life Insurance, L&T, and HDFC Bank led the rally, emerging as the top gainers for the day. On the flip side, ONGC, Maruti Suzuki, Tata Steel, Bajaj Finance, and UltraTech Cement saw declines, limiting the market's overall gains.
The Nifty 50 surged by 397.40 points, or 1.65 per cent, to close at 24,541.15, while the Sensex jumped 1,330.96 points, or 1.68 per cent, ending the day at 80,436.85.
After a volatile start to the session, Indian stock indices signed off this week's trade on a positive note, supported by strong support from a majority of sectoral indices. With the fourth phase of elections now behind us, it is widely expected by investors, that the Narendra Modi-led gover