Share Market: India’s benchmark indices, Sensex and Nifty50, ended the day's trade in green on Tuesday, April 8, 2025. The Sensex (index with top 30 firms) surged 1089.18 points to close at 74,227.08 on Tuesday. Meanwhile, Nifty50 (index with top 50 firms) was up 374.25 points to close at 22,535.85 points.
Sensex and Nifty50, opened in green on Tuesday, April 8, 2025. The Sensex surged 1155.39 points to open at 74,293.29 points on Tuesday. Meanwhile, Nifty50 opened 356 higher at 22,517.60 points.
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On Monday, Indian stocks witnessed a bloodbath like situation, reflecting growing fears over the impact of tariffs on global trade and economic growth. The Sensex tumbled 2,226.79 points to close at 73,137.90 on Monday. Meanwhile, Nifty50 was down 742.85 points to close at 22,161.60 points. Among Sensex-listed companies, 29 stocks saw declines, while only 1 stock advanced on Monday.
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Observing the markets, Akshay Chinchalkar, Head of Research at Axis Securities said, "The Nifty suffered its biggest fall for the year yesterday, but the over 400 point recovery at close was encouraging for bulls."
What Else For Share Market?
According to the experts, investors are worried that global trade could slow down significantly, affecting corporate earnings and economic growth worldwide.
The market reaction reflects growing concerns among investors about the future of international trade and the health of the global economy.
In the early trade, the Sensex dropped 5% lower at one point, but as the day progressed, it pared some of the losses and closed 3% lower.
In keeping with the turmoil in global markets following President Donald Trump's tariff decisions, the US markets also witnessed a bloodbath as they opened on Monday morning.
Trump's reciprocal tariffs have led to a broad-based fall in financial markets globally, with markets plunging in Asia as well as Europe. The reciprocal tariffs have set off a sell-off in equities globally, and the US is no exception. Investors fear that the moves concerning global trade may raise inflation, risking economic growth.
As per the experts, going ahead, global data and earnings season ahead will guide the markets.
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