- By Aditya Pratap Singh
- Mon, 14 Apr 2025 09:18 AM (IST)
- Source:JND
Stock Market News: Global indicators showed a positive picture, with Asian indices showing a strong uptrend, even though Indian stock markets were closed on Dr. Babasaheb Ambedkar Jayanti. Following U.S. President Donald Trump's decision to halt tariffs on electronics like computers and smartphones, which gave much-needed relief to investors worldwide, the mood became more optimistic.
Japan Takes the Lead in the Rally
Strong gains in semiconductor stocks propelled Japan's benchmark Nikkei 225 to close at 34,325.59, up 2.2%. Shares of companies like TDK Corp. and Advantest Corp. increased by more than 4%. In addition, the overall Topix index increased by 2% to close at 2,515.53. According to market analysts, the momentum is a result of Trump's renewed efforts to counterbalance China's influence through trade talks with allies like South Korea and Japan.
Hong Kong and South Korea Markets Trade in Green
Following suit, South Korean markets saw gains of 1.44% in the tech-heavy Kosdaq and 0.89% in the Kospi index. With a 2.15% increase to 21,363.88 points, Hong Kong's Hang Seng Index saw its biggest increase in two weeks. The ASX 200 in Australia also saw a slight increase of 0.71%.
Green Futures for the US
The U.S. markets were also optimistic. Positive sentiment was reflected in futures contracts for major indices: Dow Jones futures increased by 0.3%, Nasdaq 100 futures increased by 0.9%, and S&P 500 futures increased by 0.6%.
Indian Stock Market Resumes Business On Tueday
Due to the public holiday, trading was suspended on the derivatives markets, the National Stock Exchange (NSE), and the Bombay Stock Exchange (BSE) back home. Commodity markets, however, will open after 5:00 PM. On Tuesday, April 15, trading will resume.
Indian indices had already responded favourably to the developments in international trade on Friday. The Nifty surged 429.40 points, or 1.92%, to close at 22,828.55, while the Sensex surged 1,310.11 points, or 1.77%, to close at 75,157.26.
Investors are now anticipating Tuesday's trading session to see how Indian markets respond to Trump's most recent policy change and global cues.