Share Market: Today on April 10, 2025, the stock market is closed on the occasion of Mahavir Jayanti. However, according to the estimates being made, it may have a bang on Friday. The biggest reason behind this is the announcement of US President Donald Trump to give relief from tariffs for 90 days except China.
Amazing bounce in American stock market
After this announcement by Trump, there was a tremendous rise in the US stock market. The closing of S&P 500 was closing at 5456.90 with 474.13 points or 9.52 percent. At the same time, Nasdaq Composite closed at 17,124.97 level with a gain of 1,857.06 points or 12.16 %. In Dau Jones too, a jump of 962.86 points was recorded and its closing was at 40,608.45. During this time, 8 percent lead was recorded in Walmart’s shares.
Domestic stock market condition
At the same time, if you talk about the domestic stock market, then on April 9, the Sensex slipped to 380 points i.e. 0.51 percent at 73,847. At the same time, the Nifty closed at 22,399 with a decline of 0.61 percent or 137 points. Nestle India, Titan and Hindustan Unilers were among the top gainers of Nifty-50. At the same time, the top losis were Wipro, Tech Mahindra and Sbin. Shares of 1,534 companies listed in BSE were broken, while 2,352 shares were broken. At the same time, no change was recorded in 144 shares.
These three reasons can show up
Now the eyes of investors are on the move on the stock market on Friday. There are three big reasons, due to which the stock market can see a boom on Friday. One has been mentioned above and that is the relief of 90 days in the tariff. The second reason is to increase the tariff to 125 per cent on China and the third major reason is to cut the repo rate by RBI, which has now reduced by 0.25 % to 6 %. This move by the Reserve Bank indicates that inflation will be under control in the next financial year 2026. Now just to see what is the performance of the stock market on 11 April.
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Brake on tariff caused Asian market, record bounce in NASDAQ for the first time in 24 years