Stock Market Today: Sensex Surges Over 1300 Points, Nifty At 22,820 Amid Tariff Relief

Indian benchmark indices surged on Friday, snapping a brief pause after a holiday, as investor sentiment improved following US President Donald Trump’s announcement of a 90-day suspension on reciprocal tariffs for all countries except China. While the baseline 10 per cent tariffs remain in place, the move sparked broad-based buying across sectors.

The Sensex closed 1,310.11 points higher, or 1.77 per cent, at 75,157.26, while the Nifty50 gained 429.40 points, or 1.92 per cent, to end the session at 22,828.55. Despite Friday’s rebound, both benchmark indices ended the week marginally lower, with the Sensex and Nifty50 down 0.3 per cent each.

Meanwhile, trade tensions between the US and China escalated further. Beijing announced it will impose additional tariffs on American imports starting April 12, pushing the total effective duty to 125 per cent. The move follows Washington’s decision to impose a cumulative 145 per cent tariff on Chinese goods, announced just a day earlier.