India’s share market indices, Sensex and Nifty50, ended the day’s trade in green on Thursday, April 17, 2025. The Sensex (index with top 30 firms) surged 1508.91 points to close at 78,553.20 on Thursday. Meanwhile, Nifty50 (index with top 50 firms) was up 414.45 points to close at 23,851.65 points. Among the Sensex-packed stocks, 29 advanced, while 1 saw the decline.
Sensex and Nifty50, opened in green on Tuesday. The Sensex tumbled 76.27 points to open at 76,968.02 points on Thursday. Meanwhile, Nifty50 opened 35.35 lower at 23,401.85 points.
Earlier in the day, investor sentiment remained under pressure due to ongoing concerns over tariffs imposed by US President Donald Trump. In addition, US Federal Reserve Chair Jerome Powell recently pointed out the significant impact of tariffs on the global economy, added to the market’s cautious tone.
ALSO READ: Share Market Today: Sensex And Nifty Open Flat – What Experts Are Saying?
What Else?
Indian stock markets closed on a strong note on the back of global optimism and hopes of easing trade tensions. This surge came after comments and actions from the US government signalled possible tariff relief. The investors see this as a step towards a broader trade agreement with China.
US customs recently announced temporary tariff exemptions on key consumer and industrial electronics, including semiconductors. On Sunday, the US Commerce Secretary clarified that the relief is temporary. Trump also confirmed in a post that these measures are short-term and added that new semiconductor tariffs could be announced next week.
On the other hand, Indian investors continued to show confidence in the market. Despite tight liquidity in March, Indian SIP investors pumped in over Rs 25,000 crore into equity mutual funds, providing strong support to the markets.
ALSO READ: Income Tax: When Do Your UPI Payments Become Taxable? Here’s What You Need to Know
