{"id":242623,"date":"2025-04-15T04:55:20","date_gmt":"2025-04-15T04:55:20","guid":{"rendered":"https:\/\/peoplebugs.com\/business\/sensex-nifty-surge-on-global-markets-rally-after-trumps-exemption-for-tariffs-on-electronics\/"},"modified":"2025-04-15T05:16:30","modified_gmt":"2025-04-15T05:16:30","slug":"sensex-nifty-surge-on-global-markets-rally-after-trumps-exemption-for-tariffs-on-electronics","status":"publish","type":"post","link":"https:\/\/peoplebugs.com\/business\/sensex-nifty-surge-on-global-markets-rally-after-trumps-exemption-for-tariffs-on-electronics\/","title":{"rendered":"Sensex, Nifty surge on global markets rally after Trump’s exemption for tariffs on electronics"},"content":{"rendered":"


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\n The bull statue at the Bombay Stock Exchange building, in Mumbai. Image for representation only
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Benchmark equity indices surged in early trade on Tuesday (April 15, 2025), tracking a rally in global markets as investors sentiment became buoyant after U.S. President Donald Trump relaxed some of the tariffs on electronics<\/a> for now.<\/p>\n

The 30-share BSE benchmark Sensex jumped 1,750.37 points to 76,907.63 in early trade. The NSE Nifty surged 539.8 points to 23,368.35.<\/p>\n

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From the Sensex firms, Tata Motors rallied 5 per cent. Larsen & Toubro, HDFC Bank, Mahindra & Mahindra, ICICI Bank and IndusInd Bank were the other big gainers.<\/p>\n

Hindustan Unilever, Asian Paints, Nestle and Kotak Mahindra Bank were the laggards.<\/p>\n

Asian markets trade positive<\/h4>\n

In Asian markets, South Korea’s Kospi index, Tokyo’s Nikkei 225 and Hong Kong’s Hang Seng were trading in the positive territory while Shanghai SSE Composite index quoted lower.<\/p>\n

U.S. markets ended higher on Monday.<\/p>\n

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US President Donald Trump said he was temporarily exempting smartphones, computers and other electronics from his tariffs.<\/p>\n

“Global indices across the US, Asia, and Europe gained 3\u20134% over Friday and Monday, after the U.S. government excluded computers, and other electronics from reciprocal tariffs. This move is being seen as a significant softening of the U.S. stance toward China, boosting global sentiment.<\/p>\n

“Adding to the positive outlook, U.S. President Donald Trump announced on Monday that he is considering exemptions on tariffs for imported vehicles and auto parts. Last week, he also declared a 90-day pause on tariffs for all countries except China, signalling a potential window for trade negotiations and easing global trade war concerns,” Vikas Jain, Head of Research, Reliance Securities, said.<\/p>\n

Foreign Institutional Investors (FIIs) offloaded equities worth \u20b92,519.03 crore on Friday, according to exchange data.<\/p>\n

Global oil benchmark Brent crude went up by 0.09% to $64.94 a barrel.<\/p>\n

Equity markets were closed on Monday for Ambedkar Jayanti. The Sensex jumped 1,310.11 points<\/a> or 1.77% to settle at 75,157.26 on Friday. The Nifty surged 429.40 points or 1.92% to 22,828.55. <\/p>\n

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Published – April 15, 2025 10:25 am IST<\/span><\/p>\n<\/div>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The bull statue at the Bombay Stock Exchange building, in Mumbai. 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