Strong Rebound in Share Market: Nifty and Sensex showed stagnation!
Expectation from tariff talks, recovery seen in Asia Market too
8 April, Tuesday – A Strong Palat
Today the Indian stock market made a great comeback. After yesterday’s sharp selloff, on Tuesday investors resorted to bargain buying and the market rose again. Nifty 50 rose by almost 1.08% to reach 22,409.15, while BSE Sensex touched the level of 73,860.7 with a gain of 1%.
Both indexes showed a gain of about 1.9% in the morning, which was a big signal of positivity in market sentiment. This gain was not limited to the Indian market alone – markets across Asia also rebounded, mainly due to the news surrounding the U.S.-China tariff war.
Yesterday’s situation: Everything was falling
On Monday, Indian markets registered their biggest single-day fall in 10 months – Nifty fell 3.2% and Sensex fell 3%. This fall was seen amid fear of global recession and announcements of new U.S. tariffs. But as experts say, the market was oversold and bargain hunting is quite common during such times.
Yogesh Kansal, who is the co-founder of an online trading platform named Appreciate, said –
“The rebound was expected as the market is oversold and tariff-agnostic companies and sectors are still looking strong.”
That is, stocks that do not have a direct impact on tariffs are leading the recovery.
Asia’s support: Nikkei left everyone behind
Asian markets were also in a mood of recovery. Japan’s Nikkei 225 index came out ahead of all, with a tremendous jump of 6.3%. This was the best performance of the entire Asian region. At the same time, U.S. stock futures were also in the green, indicating that the U.S. market is also in recovery mode.
One big reason for this optimism was a statement by U.S. President Donald Trump. He said that Japan will send a delegation for negotiations, which is a positive signal that Washington may soften its tariff stance a bit.
But there was a warning amidst the optimism as well – Trump clearly said that if China continues its retaliatory tariffs, the U.S. will impose an additional 50% duty on Chinese imports. This is also making the market sentiment a bit cautious.
Sector-Wise Teji: Sab Ne Laathaya
Today all 13 major Indian sectoral indices were trading in the green. Meaning every sector showed tepidity – be it banking, IT or FMCG. Not just blue-chip stocks, the broader market also came along – small-cap and mid-cap indices also showed growth of around 1.2%.
Stock Stars of the Day
Some specific stocks made a big bang today:
Titan (TITN.NS):
This jeweller and watchmaker company’s stock went up by 5% today. Reason? The company reported that its standalone revenue grew by 25% in the March quarter. This growth was supported by a rally in gold prices, which is still at its peak levels.
Bharat Electronics (BEL):
Electronic equipment maker Bharat Electronics registered a gain of 3.4% today. The company has received a big order of 22 billion rupees (approx $257.4 million) from the Indian Air Force to make electronic warfare suites.
Investor Sentiment: What to expect now?
Now the question is – will this rally continue? In the short-term, the market mood will remain largely dependent on global cues – especially U.S.-China tariff talks, U.S. inflation data, and Fed policy expectations.
But one thing is clear – Indian investors are still in cautious optimism. Bargain buying trend is visible and if global news is supportive, then the market can go even higher.
Last thing: It is important to remain alert even now
When the market is oversold, a rebound is normal. But there is still a lot of uncertainty. The market will also react to the outcome of tariff talks, crude oil prices, and election-related developments.
For investors, this is the time to take a long-term view, invest in quality stocks, and avoid panic buying/selling.
What is your plan?
Will you be a part of this rally or wait for the next dip? Tell me your views in the comments and if you liked this analysis, don’t forget to share the blog!
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