• Source:JND
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Stock Market Today: The domestic benchmark indices significantly recovered in the morning trade on Tuesday amid positive global cues.  All 30 Sensex stocks opened in green as the BSE's index was trading above 74000 with a jump of nearly 12,00 points in the initial business. Meanwhile, the Nifty 50 was trading over 22540 with a bumper gain of 380 points or 1.73% at around 9:30 am. Bank Nifty, Financial Services, and Auto Index fueled today's rally, while Nifty mid and small-cap stocks attracted a massive buying interest.

The rally came a day after the domestic indices logged its steepest single-day drop in 10 months as a US tariff-fuelled selloff triggered anxiety among investors. At 9.43 am, the benchmark BSE Sensex was trading at 74,093.18, up 955 points or 1.31 per cent, while nifty 50 was at the level of 22,459.60, surging 298 points or 1.34%.

From the Sensex basket, 29 stocks were trading in positive territory, while  Power Grid was only stock trading slightly lower. Titan, Bajaj Finserve, SBI, Axis Bank, and Tata Motors were among the top gainers. 

Sensex Today

Global Markets Rebound

Asian markets rebounded strongly on Tuesday after a sharp decline on Monday, with Japan's Nikkei 225 up 5.5% after falling nearly 8% the day before. President Donald Trump's threat to raise tariffs to double digits has led to heightened volatility in global markets last session.

Within 30 minutes of opening, the Nikkei 225 rose to 32,819.08 in Tokyo. South Korea's Kaspi rose 2%, while New Zealand and Australian markets also traded higher. Australia's Stoxx also edged higher, while S&P 500 and Nasdaq 100 futures rose more than 1%.

However, Hong Kong futures pointed to a decline after an index of U.S.-listed Chinese shares fell more than 5% after Trump threatened to impose an additional 50% tariff on China.

Indian Stock Market Experienced Sharp Decline In Last Session

Domestic stock indices fell on Monday as rising global trade tensions and a sell-off in global markets dented investor confidence. The BSE Sensex ended 2,226.79 points, or 2.95 per cent, down at 73,137.90. This was its biggest single-day decline in ten months and its third consecutive day of losses. At one point during the day, the index had fallen 3,939.68 points, or 5.22 per cent, to a low of 71,425.01.

The broader NSE Nifty also faced significant selling pressure, falling 742.85 points, or 3.24 per cent, to end at 22,161.60. In the session, it had fallen 1,160.8 points, or 5.06 per cent, to an intraday low of 21,743.65.

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