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HomeMarket NewsTrump Tariffs | Stock Market Live Updates: Nifty extends recovery from lows, crosses 24,600 mark led by banks
Stock Market Live Updates: After a major sell-off, the markets have recovered from the day's low. The Nifty is trading with a 50-point deficit. The Sensex is down 300 points. This recovery is being led by defence and PSU bank stocks.
Stock Market Live Updates: After a major sell-off, the markets are now en route to recovery. Here, the Nifty index is trading below 24,550, with cuts of over 60 points. The Sensex is trading with a deficit of just above 200 points.
The broader markets, after being under immense pressure,e have routed a major recovery. The Nifty Midcap 100 index, after losing early on in the day, has reduced losses to under 0.1%.
The Indian markets are showing resilience following Trump's tariff doubling, increasing it to 50% on Indian exports to the US. The decision from the White House has seemingly impacted sentiments on the street.
The Nifty Pharma sectoral index is on the rise after being under pressure after Trump's threats of levying 250% on pharma products.
Some of the major volume buzzers in today's session among the Nifty 500 stocks are ITI, Eternal, Kirloskar Oil, GNFC and PVR Inox, among others.
Earnings season is at the fag end for the quarter, we keenly look forward to stocks like Titan, LIC, Biocon, GCPL and HPCL, which are some of the major companies, who are reporting results today.
Yesterday, the US President Donald Trump signed an Executive Order to impose another 25% tariff on Indian exports, taking the total to 50%.
Watch this space for all the Live updates.
