Stock Market Today: Stock market starts, Sensex rises 1400 points, Bumper boom in Adani Group shares
New Delhi:
The Indian stock market got a tremendous rise in the global market today amidst the stir and trade war concern. As soon as the market opened on Thursday, both the Sensex and Nifty index got a strong jump. While tension is increasing between the US and China on the one hand, on the other hand Indian investors shopped, expressing confidence in domestic signals.
By 9:42 am, the BSE Sensex rose by 1,400 points to 75,247, while the Nifty 50 was trading 441 points to 22,840.
Sensex and Nifty boom
As soon as the market opened on Thursday, the Sensex rose 988 points to 74,835.49. At the same time, the Nifty was trading at 22,695.40 with a gain of 296 points. The lead was around 1.3%, which shows that the domestic market showed strength despite global pressure.
Bumper boom in Adani Group shares
Adaani Group shares saw a tremendous rise during today’s early trade. The shares of all the listed companies of Group were trading with an increase. In which the biggest bounce was seen in the shares of flagship company Adani Enterprises and Adani Green Energy, which were trading up more than 4 percent. Apart from this, Shares of Adaani Power, Adani Ports, Adani Total Gas were also seen trading with 2% firmly.
#MARKETUPDATE Adhini Group’s strong boom in all shares; #ADANIENERPRIESES I jump more than 3%
Live read: pic.twitter.com/ta3biiyhun
– NDTV Profit Hindi (@ndtvProfithindi) April 11, 2025
Among the companies included in the Sensex, Tata Motors, Sun Pharma, Tata Steel, HCL Tech, Tech Mahindra, Bajaj Finserv, Adani Ports and Reliance Industries were the most profitable shares while Asian Paints and Nestle shares were in loss.
The reason for the boom in the stock market
The biggest reason for this edge was to give relief in tariffs for 90 days from America. This relief has been given to most countries except China, including India.
With this decision of America, the sentiment of investors has become positive. According to the new order of the White House, the US has deferred 26% tariffs on many exports from India till 9 July. Earlier on April 2, US President Donald Trump had announced to impose new tariffs on about 60 countries, including India. Now the global market seems to get some relief from this decision.
Global market condition
Hangseng of Hong Kong and Shanghai SSE Composite of Hong Kong recorded a slight edge in Asian markets. At the same time, Nikki of Japan was 225 and South Korea’s Cappey was in disadvantage. Nikki 225 declined by up to four percent. In the American markets, there was a significant decline after a rapid rise on Thursday. Nasdaq Composite fell by 4.31 percent, S&P 500 3.46 percent and Dow Jones Industrial Average declined by 2.50 percent.
Market declines before Mahavir Jayanti
Let me tell you that the market was closed due to Mahavir Jayanti on the previous day i.e. on Wednesday. A day earlier, on April 9, the Sensex fell 379 points to close at 73,847.15. The Nifty also closed at 22,399.15 that day, falling 136 points that day.