The Gift Nifty was trading 744 points at 23,231.5 by 1:41 pm on Thursday, when the markets resume on April 11, indicating a potential positive start. The Indian stock exchanges closed on April 10 in the inspection of Mahavir Jayanti.
Trump’s amazing announcement comes after a sharp global market sale that erased the trillion value. On Wednesday, he posted on Truth Social: “I have authorized a 90-day break,” mentions reciprocal tariffs. US More than 75 countries, as well as negotiated trade terms, and those who did not take revenge against the previous tariff, are expected to benefit from this break.
However, tariffs on Chinese imports were made 125%, which is more than 104% imposed earlier this week.
Treasury Secretary Scott Besent made it clear that when new tariffs are paused for most countries, a 10% blanket on import would be duty. The current levy on Aut toe, steel and aluminum will also be in place.
Key triggers behind a possible rally of Friday:
1) Tariff Suspension
Trump’s announcement on April 9 has temporarily eased the fear of a full -scale global trade war. Although not a full rollback, this step reduces the risks of immediate trade stress. The White House said 10% flat duty would still apply to most imports, and duties on certain areas such as OS toe, steel and aluminum remain unchanged.
Despite the rise in tariffs on Chinese goods, investors welcomed the 90-day relief window for other countries, which helped the market focus away from widespread trade uncertainties.
“The recent development in the US trade policy under President Donald Trump has made significant fluctuations in global markets,” said Pranay Agarwal, director and CEO of Stokt. “The 90-day breaks met with a positive response from international markets, and the spirit of investors in Asian indicators, including India, improved.”
He noted that when pause provides temporary relief, areas such as pharmaceuticals and seafood exports remain susceptible and close inspection are required.
2) Global equity rally boosts the spirit
This news brought a sharp rise in global markets. The European Futures rally during the Asian session – Eurostocks 50 and DX futures increased by about 8%, while FTSE futures increased by 5.4%. Japan’s Nikki jumped more than 8%.
Overnight, U.S. In, the Dow Jones Industrial Daygical average increased 7.8787%, the S&P 500 from October 2008 to 9.52%-the best one-day gain-and Nasdaq increased 12.16%, the largest jump since January 2001 during the.com Boom.
3) Bond gives ease after sharp sale
US bond markets, in which EP was seen at the beginning of the week, showed signs of recovery procurement. The benchmark 10-year-old treasury yield was 4.29% on Thursday after scoring 4.515% in the previous session.
The latest selling concerns about liquidity in the world’s largest bond market were revived, some compared the volatility with the Kovid-age “de Ash Shr” for cash. “
4) Dialed back in danger of recession
US Goldum Sachs, who estimates the risk of a recession, improves its point of view after Trump’s tariff suspension. Before Trump’s social media post, Goldman gave a 65% downturn next year. But after this announcement, it made the probability 45% and now in 2025 the US. Expect only 0.5% GDP growth for.
Despite this improvement, the Investment Bank warned that the unpredictable economic confidence of the ongoing policy could be focused.
5) India’s point of view remains elastic
Rahul Singh, CIO-Equities, Tata Asset Management said that global tariff changes have created uncertainty, but India remains relatively good.
“Recent global tariff changes have increased uncertainty in markets, but India is in a better position than ever,” Singh said. In the low exposure to US trade and strong domestic demand, direct impact is managed. In fact, a decline in global prices of crude and metals can support Indian companies by reducing input costs.
“In areas such as banking, pharma and energey zoo now offer attractive value with solid balance sheets. As global trends the market moves towards company-specific opportunities, a large cap, a disciplined investment in the flexi cap, and multi-asset funds, especially those in gold, can help reduce the risk.
Also Read: After Trump’s tariff pauses, 10 wealthy billionaires in the world add $ 135 billion to wealth; Kasturi, Zuckerberg sees the biggest upside
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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