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Date: 08-apr-2025 | By: Nuztrend Team
Indian equity benchmarks ended Tuesday’s session (April 8, 2025) with robust gains, snapping a three-day losing streak. The BSE Sensex soared 1,089.18 points or 1.49% to close at 74,227.08, while the NSE Nifty 50 surged 374.25 points or 1.69% to end at 22,535.85.
The recovery came on the back of a rebound in global markets and bargain hunting in large-cap stocks. Capital goods, PSUs, and consumer durables led the rally, while metal and auto stocks underperformed by the close.
All 13 major sectoral indices ended in the green. Capital Goods rose 3.1%, PSU Index gained 2.9%, and Oil & Gas advanced 2.5%. However, the Metal and Auto indices pared gains in late trading due to selling pressure in heavyweights like Tata Steel and Tata Motors.
"Today’s sharp bounce was driven by global cues and technical recovery from oversold levels," said Ankit Jain, equity strategist. "However, caution is advised ahead of the Q4 earnings season."
Today’s gains helped markets reclaim critical psychological levels. The Sensex surpassed 74,000, while the Nifty closed well above 22,500. The mood remains cautiously optimistic going into the earnings season and amid global macroeconomic headwinds.
Published at: 3:30 PM IST, April 8, 2025
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