New Delhi:
The Indian stock market saw a tremendous rise in the Indian stock market today i.e. on April 15, due to the news of the positive signals of the global market and the discount in tariffs. The stock market was closed due to Ambedkar Jayanti on Monday, but on Tuesday i.e. as soon as the market open, both Sensex and Nifty index got a tremendous jump. The market started with green mark and on seeing the Sensex crossed 76,800 and the Nifty crossed 23,300. In pre-opening, the Sensex was trading at 76,852.06 at 76,852.06 and the Nifty was trading at a level of 23,368.35 at 76,852.06 and the Nifty at 23,368.35.
In early trade, the Sensex and Nifty rose more than 2%. At 9:25 pm, the BSE Sensex was trading at 76,737.39 at 76,737.39 at 9:25 pm.
BSE midcap and smallcap index are seeing more than 1 percent in the business of Surubah. At the same time, all sectoral index are trading in green mark.
The positive trend of the global market behind this speed is a major change in the tariff policy of America. The US government has exempted some electronic items like smartphones and computers from tariffs. This reduced the pressure of global trade war and also showed its direct impact on the Indian market.