On April 7, 2025, the Sensex crashed 2,226.79 points or 2.95% to settle at 73,137.90. File
| Photo Credit: The Hindu
Stock markets rebounded sharply in early trade on Tuesday (April 8, 2025) after facing massive drubbing in the previous session, following a recovery in Asian peers and across the board buying.
Bouncing back from a maniac Monday (April 7, 2025) that left investors shell-shocked, the 30-share BSE benchmark Sensex jumped 1,283.75 points or 1.75% to 74,421.65 in early trade. The NSE Nifty surged 415.95 points or 1.87% to 22,577.55.
All Sensex firms, except Tata Consultancy Services, were trading in the positive territory. Titan, Adani Ports, Bajaj Finserv, State Bank of India, Axis Bank, UltraTech Cement, Larsen & Toubro and Tata Steel were the biggest gainers.
Tata Consultancy Services quoted marginally lower.
In Asian markets, Tokyo’s Nikkei 225 index, Hong Kong’s Hang Seng, South Korea’s Kospi and Shanghai SSE Composite index were trading in the positive territory after falling sharply on Monday (April 7, 2025). Nikkei 225 index jumped over 5%.
U.S. markets ended mostly lower on Monday (April 7, 2025).
“Global markets may face heightened volatility amid a fresh threat by the U.S. to impose a punitive 50% tariff against China’s retaliatory 34% import levies on American products,” experts said.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹9,040.01 crore on Monday (April 7, 2025), while Domestic Institutional Investors (DIIs) bought shares worth ₹12,122.45 crore, according to exchange data.
Global oil benchmark Brent crude climbed 1.32% to $65.06 a barrel.
On Monday (April 7, 2025), the Sensex crashed 2,226.79 points or 2.95% to settle at 73,137.90. During the day, the index slumped 3,939.68 points or 5.22% to 71,425.01.
The Nifty tumbled 742.85 points or 3.24% to settle at 22,161.60. Intra-day, the benchmark dropped 1,160.8 points or 5.06% to 21,743.65.
Published – April 08, 2025 10:53 am IST
