• Source:JND
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Stock Market TodayFollowing two days of declines, the equity benchmark indices Sensex and Nifty rose sharply in early trading on Thursday, reflecting a rally in Asian markets amid encouraging developments regarding US tariffs. Additionally, inflows of foreign funds raised equity markets.

In early trading, the 30-share BSE benchmark gauge, the Sensex, surged 504.57 points to 81,816.89. At 24,889.70, the NSE Nifty increased 137.25 points.

The largest winners among the Sensex companies were Infosys, Tata Steel, Tech Mahindra, HCL Tech, Tata Consultancy Services, Sun Pharma, Tata Motors, and HDFC Bank. Among the laggards were Nestle, Bajaj Finance, Bajaj Finserv, and UltraTech Cement.

President Donald Trump's use of an emergency powers law to impose broad import tariffs has been blocked by a US federal court.

The Kospi in South Korea, the Nikkei 225 index in Japan, the SSE Composite index in Shanghai, and the Hang Seng in Hong Kong were all trading in the positive range in Asian markets. Wednesday saw a decline in US markets.

Exchange data shows that on Wednesday, foreign institutional investors (FIIs) purchased stocks valued at Rs 4,662.92 crore.

According to official data released on Wednesday, the manufacturing, mining, and power sectors' subpar performance caused India's industrial production growth to slow to 2.7% in April 2025. Brent crude, the world's benchmark for oil, rose 1.11 per cent to USD 65.62 per barrel.

On Wednesday, the 30-share BSE barometer fell 239.31 points, or 0.29 per cent, to close at 81,312.32. At 24,752.45, the Nifty fell 73.75 points, or 0.30 per cent.