Markets
Stock Market Highlights 2 April 2025: Sensex, Nifty close higher as markets reassess impact of anticipated reciprocal tariffs
Sensex, Nifty updates on 2 April 2025: The benchmark indices closed higher on Wednesday, rebounding from the previous day’s losses as investors appeared to reassess the potential impact of US President Donald Trump’s anticipated reciprocal tariffs announcement. The BSE Sensex surged 592.93 points or 0.78 per cent to close at 76,617.44, while the NSE Nifty climbed 166.65 points or 0.72 per cent to end at 23,332.35.
The market opened flat but gained momentum throughout the day, with buying interest seen across most sectors. The realty sector emerged as the top performer, rallying over 3.35 per cent amid growing expectations of an interest rate cut in the upcoming RBI monetary policy meeting next week.
“Today, the benchmark indices witnessed a recovery rally, with the Nifty ending 167 points higher, while the Sensex was up by 593 points. Among sectors, most of the major sectoral indices traded in positive territory, but the realty index outperformed, rallying over 3.35 per cent,” said Shrikant Chouhan, Head Equity Research, Kotak Securities.
