Indian stock markets surged sharply on Friday morning, buoyed by US President Donald Trump’s announcement of a 90-day suspension on most new tariffs. The move lifted global investor sentiment and sent the BSE Sensex soaring by 1,415.25 points to 75,262.40. The NSE Nifty50 also rallied, climbing 465.90 points to reach 22,865.05 by 9:43 am.
The positive mood extended beyond large-cap indices, as mid-cap and small-cap segments posted robust gains. Analysts said the sharp rally came as investors saw Trump’s tariff pause—excluding China—as a sign of temporary relief amid growing global trade uncertainty.
Trump’s Tariff Pause Sparks Market Optimism, But Risks Remain
While the tariff decision was welcomed by markets globally, experts were quick to caution that the underlying risks have not disappeared.
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The US 10-year bond yield hovered around 4.46%, and the dollar index slipped slightly, reinforcing the sentiment that geopolitical tensions remain unresolved.
Nifty Resistance Levels in Focus as Volatility Lingers
Despite Friday’s relief rally, market strategists advised retail investors not to get carried away.
Market watchers believe the day’s rally may not be the start of a larger trend, especially with global cues still mixed. However, India’s domestic fundamentals—such as low inflation, robust earnings forecasts, and political stability—continue to provide strong underpinnings for long-term investors.
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Experts recommend a cautious approach, urging investors to focus on fundamentally strong large-cap stocks and resist the temptation to chase short-term momentum. With external volatility still looming, a measured strategy is key to navigating the coming weeks on Dalal Street.
(Disclaimer: The views and investment suggestions in this article are those of market analysts and brokerages. Readers are advised to consult certified financial advisors before making any investment decisions.)
