Indian stock market rallies on tariff relief news from President Trump, with major indexes and specific stocks seeing gains
From Nasdaq MarketSite: 2025-04-11 00:29:00
Indian shares opened strong as President Trump announced a 90-day pause on new tariffs. The Sensex was up 1.9% at 75,257, while the Nifty was up 2.1% at 22,865. Tata Motors and Sun Pharmaceuticals surged, with JLR India reporting record sales and Sun Pharma winning a court ruling. Larsen & Toubro, HCL Tech, Adani Ports, and Tata Steel also saw gains. Avanti Feeds soared 7.5% on the tariff news, while Anand Rathi Wealth reported a 30% rise in Q4 profit. Hindustan Copper rose 3% after resuming ore production at a mine in Rajasthan.
Read more at Nasdaq MarketSite: Sensex, Nifty Rally On Tariff Relief
