Last Updated Apr - 15 - 2025, 03:40 PM | Source : Fela News
Stock Market Today: The U.S. government has not imposed taxes on smartphones, computers, and other electronic items coming from China. Japan's Nikkei 225 index
Stock Market Today: The RBI's repo rate cut and the U.S. decision to ease tariffs on electronics have boosted both Asian and Indian stock markets. From the U.S. to Japan, all major markets witnessed gains, and the Indian stock market also opened with strong momentum.
On Tuesday, within just 10 seconds of the market opening, investors gained nearly ₹6 lakh crore. In early trade, the Sensex jumped about 1,500 points (2%) and reached 76,733 with a gain of 1,576 points at 9:27 AM. The Nifty also rose by 470 points (2%) to reach 23,298. Bank Nifty surged by over 1,100 points.
The top gainers included Tata Motors, HDFC, Bharti Airtel, L&T, and M&M. Bajaj Finance shares also climbed up to 3.5%. Tata Motors led the Nifty as the top gainer with a 5% rise. There was strong buying in the IT, metal, and real estate sectors as well.
Asian markets also rallied
U.S. President Donald Trump’s decision not to impose tariffs on electronic goods like smartphones and computers from China lifted sentiment in Wall Street and Asian markets. His supportive statement regarding the auto sector also boosted investor confidence.
Japan’s Nikkei index rose 1.15%, while the Topix index was up 1.16%. Auto stocks saw the most gains – Suzuki rose 5.28%, Mazda 5.08%, Honda 5.50%, and Toyota 4.48%.
South Korea's KOSPI index gained 0.39%, though the tech-heavy KOSDAQ slipped slightly. Kia Motors rose 2.89% and Hyundai gained 2.57%. Hong Kong's Hang Seng index also opened with strength.
U.S. markets closed in the green
Following the U.S. relief on electronics tariffs, tech stocks surged. The Dow Jones climbed 312 points to close at 40,524. The S&P 500 rose 42 points to 5,405, and the Nasdaq ended 107 points higher at 16,831.
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