Stock Market
Markets rebound: Sensex, Nifty rally after Trump signals pause in West Asia conflict
Mumbai/IBNS: The Indian stock market on Tuesday recovered part of its previous session’s losses, opening on a strong positive note.
The BSE Sensex surged over 1,500 points at the opening bell, while the NSE Nifty 50 gained nearly 350 points.
However, as the first hour of trading progressed, the market trimmed some of its early gains. The Sensex continued to trade higher by around 600–800 points, while the Nifty maintained a steady lead of over 100 points.
The rebound comes a day after a sharp sell-off on Monday, when the Sensex closed more than 1,800 points lower and the Nifty ended the session down by around 600 points.
Tuesday’s recovery was driven by positive cues from Asia-Pacific markets, including Australia’s S&P/ASX 200.
Investor sentiment also improved after Donald Trump hinted at a possible pause in the Iran conflict. The US President announced a decision to hold off American strikes on Iran’s power and energy infrastructure for five days, following what he described as constructive discussions with Iranian officials.
Taking to Truth Social, Trump wrote: “I am pleased to report that the United States of America and the country of Iran have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.”
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