The stock market rallied during the trading session on Tuesday, April 8, rebounding after it logged its steepest single-day drop in 10 months as a US tariff-fuelled selloff triggered anxiety among investors.
At 12:45 pm, the benchmark BSE Sensex was up by 1,542.37 points or 2.11 per cent, reaching 74,680.27. The broader NSE Nifty was 478.85 points up or 2.16 per cent in the green, reaching 22,640.45.
Which stocks rose the most?
Among the 30 Sensex stocks, Titan Company rose the most by 4.22 per cent, trading at ₹3,151.15. This was followed by Infosys, which was up 3.95 per cent, trading at ₹1,453, and Larsen & Toubro, which was up by 3.73 per cent, trading at ₹3,185.35.
All the Sensex stocks were in the green.
How did individual sectors perform?
Among the Nifty sectoral indices, the Financial Services Ex-Bank Index rose the most by 3.06 per cent, reaching 25,759.05. This was followed by Nifty IT, which was up 2.97 per cent, reaching 33,637.95, and Nifty Midsmall Financial Services, which was up 2.95 per cent, reaching 14,839.20.
How did the stock market open today?
The stock market opened well into the green today. At 9:15 am, the Sensex was up by 1,141.14 points or 1.56 per cent, reaching 74,279.04. The broader NSE Nifty opened 401.10 points up or 1.81 per cent in the green, reaching 22,562.70.
Among the 30 Sensex stocks, Tata Steel rose the most upon opening by 4.98 per cent, trading at ₹136.05. This was followed by Titan Company, which was up 4.71 per cent, trading at ₹3,166.05, and Tata Motors, which was up by 3.48 per cent, trading at ₹600.
Only one of the Sensex stocks was in the red. It was Sun Pharmaceutical Industries, which was down 0.34%, trading at ₹1,662.75.
Among the Nifty sectoral indices, the Consumer Durables Index rose the most by 3.25 per cent, reaching 35,112.40. This was followed by Nifty Metal, which was up 2.99 per cent, reaching 8,080.90, and Nifty Realty, which was up 2.42 per cent, reaching 795.
Stock market in the previous session
The market crashed and closed deep in the red after the previous trading session ended on Monday, April 7. The Sensex closed 2,226.79 points in the red or 2.95 per cent down, reaching 73,137.90, while the Nifty was down by 742.85 points or 3.24 per cent in the red, closing at 22,161.60.
Among the Sensex stocks, Tata Steel fell the most by 7.73 per cent, closing at ₹129.60. This was followed by Larsen & Toubro, which was down 5.78 per cent, closing at ₹3,070.85, and Tata Motors, which was down 5.54 per cent, closing at ₹579.85.
Only one among the 30 Sensex stocks was in the green. It was Hindustan Unilever, which was up 0.25%, trading at ₹2,250.15.
Among the Nifty sectoral indices, the Metal Index fell the most by 6.75%, closing at ₹7,846.35. This was followed by Nifty Realty, which was down by 5.69%, closing at ₹776.20, and the Nifty Media Index, which was down by 3.94%, closing at ₹1,429.90.
In the Nifty Metal Index, Lloyds Metals and Energy fell the most (8.86% down), followed by National Aluminium Company (7.86% down), and JSW Steel (7.53% down).
In the Nifty Realty Index, Anant Raj was down the most (7.66% down), followed by Sobha (7.46% down), and DLF (7.03% down).
In the Nifty Media Index, Zee Entertainment Enterprises fell the most (6.80% down), followed by PVR Inox (5.55% down), and Dish TV India (4.35% down).