Tariff timeout sets stage for a freaky Friday rally. GIFT Nifty up over 3%

April 10, 2025

Indian markets are set for a strong Friday open, tracking global rallies after Trump paused new tariffs for 90 days on all nations except China. GIFT Nifty signals a 744-point jump. Improved sentiment, easing bond yields, and India’s resilient outlook are key positives despite ongoing policy uncertainty.

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Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?

Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.

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Sterlite Technologies shares rise 5% after subsidiary bags $1.1 billion hyperscaler AI contract

Sterlite Technologies shares rose nearly 5% after its subsidiary secured a multi-year optical connectivity supply agreement worth an estimated $1.11 billion from a global hyperscaler

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