Mumbai – Indian equities markets surged in today’s first session, April 15, 2025 as trading resumed post a 2 day long weekend on Ambedkar Jayanti. The Nifty and Sensex both ascended sharply off global markets positive momentum, with news that the US put tariffs on-hold for an unspecified period.
The Nifty 50 index gap-up higher and maintained its upward momentum through most of the morning as it crosses 23300. The Nifty was at 23321.60 in 9:58 AM IST up over 2% from its open at 23368.35. Index peaked at 23368.35 and slumped as low as 23207.00 in the blink of an eye
The BSE Sensex also had a powerful positive bounce. The Sensex opened at76852.06 and the index jumped up sharply to trade close to 76766.91 almost at the same time, up over 2% from its opening. The index gained to a peak of 76907.63 and a trough of 76435 in the 1st session.
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So far, all except for a couple of BITS mini-corrections across the sectoral indices had above par movement with financials and IT leading the way. Market watchers give this bullish vibe on overnight upticks in global markets and fresh hope to international trade relations.
Indian markets looked upbeat early in the day, Nifty futures were trading at what is a decent premium to their previous close and was in the gift nifty futures. It indicates that the powerful momentum of bulls surged into today’s trade itself.
We shall be keeping a close eye on next corporate earnings and then whatever unfolds in global economy as market momentum may turn going forward for a few days. First couple of days good buying sentiment is visible across the markets.