Indian Stocks Rally as Trump's Tariff Pause Sparks Market Surge on April 11, 2025

Indian stock markets experienced a significant surge on Friday, April 11, 2025, following reports that then-US President Trump announced a 90-day pause on tariffs for most countries, excluding China. The BSE Sensex opened at 74,835.49 and quickly rallied, gaining over 1,100 points to reach an intraday high of 75,145. The Nifty 50 index also saw a positive start, opening at 22,695.40 and climbing to 22,784 during the morning session. The positive market reaction reflected investor optimism regarding improved trade relations between the US and India. The US had previously imposed an additional import duty of 26% on India. While the pause offers a temporary reprieve, the US continues to negotiate trade agreements with India, aiming to significantly increase bilateral trade. The US maintains a 10% tariff on imports from India.