Stock Market LIVE: Indian indices rebound; US’ Dow Jones opens 1,230 points up, Nasdaq rises 3%

The S&P 500 was up 3.7% in trading and the Dow Jones Industrial Average was up 1,363 points, or 3.6%, as of 10:12 a.m. eastern time.

The Nasdaq composite was also 4.2% higher.

US crude oil rates rose slightly on Tuesday after touching its lowest level in four years on Monday amid Trump’s tariff threats.

After a low closing on Monday, The S&P 500 was up 3.4% in early trading Tuesday. The Dow Jones Industrial Average was up 1,230 points, or 3.3%, and the Nasdaq composite was 3.6% higher.

As US markets open, S&P 500 E-mini future are up by 3.1%, Nasdaq is up by 3% and Dow Jones Futures are up by 3.2% after the markets went into bear territory on Monday.

The BSE Oil & Gas index jumped the most on Tuesday by 2.58 per cent, followed by consumer durables – 2.38 per cent, telecommunication -2.32 per cent, industrials -2.04 per cent, energy -2.03 per cent, healthcare-1.94 per cent and IT-1.77 per cent.

All 11 listed Adani group firms ended higher on Tuesday, bouncing back from the previous day’s decline.

Shares of Adani Enterprises jumped 3.27 per cent, Adani Total Gas climbed 3.27 per cent, Adani Energy Solutions rallied 3.23 per cent and Ambuja Cements shot up 2.53 per cent on the BSE.

Titan rose by 3.29 per cent today and became the top gainer on the Sensex, followed by Bajaj Finance, SBIN, L&T, Bajaj Finserv and Axis Bank.

At the bottom of the Sensex, the only company in red is Power Grid which lost 0.14%, followed by IndusInd Bank, Tata Steel, TCS, HDFC Bank, Ultrachemco, and Kotak Bank.

While Cholamandalam Finance topped the Nifty Next 50 with a massive 6% rise, others such as Swiggy and BPCL also recorded an increase above 3%.

Titan was the biggest gainer on the Sensex today with a 3.29% growth, settling at 3,123.25 as the market closed.

As markets close on Tuesday, Jio Finance has emerged as the top gainer on the Nifty 50 index. Other top gainers are Shriram Finance, Cipla, Titan, ONGC, L&T, Bajaj Finance and Axis Bank.

As the stock market rebounded on Tuesday, only one company remained red on the BSE Sensex – Powergrid, which fell 0.14%.

Sensex rebounded 1,089.18 points to settle at 74,227.08. Nifty recovered 374.25 points to end at 22,535.85.

Indonesia’s benchmark stock index closed nearly eight percent lower on Tuesday, the biggest fall since 2011 as per Bloomberg.

The Jakarta Composite Index fell 7.9 percent to its lowest level since June 2021.

Indian indices, Sensex and Nifty, have bounced back after dropping more than 2 % each on Monday. The Sensex is up 1.61% and the Nifty has risen 1.78%.

In the aftermath of global markets sinking on Monday, China’s blue-chip CSI 300 Index climbed 1.7% on Tuesday, reported Reuters.

The Shanghai Composite Index also gained 1.6% at the close, after it slid more than 7% on Monday.

Hong Kong’s Hang Seng Index rose 1.5% after slumping 13.2% in the previous session, its steepest decline since the 1997 Asian financial crisis.

The Hang Seng Tech Index added 3.8%, after plummeting 17% on Monday.

Germany’s DAX rose by 0.9% to 19,975.81.

France’s CAC 40 increased by 1.3% to 7,018.79.

Britain’s FTSE 100 also gained 1.3%, closing at 7,804.73.

Japan’s Nikkei 225 surged by just over 6%, closing at 33,012.58.

Hong Kong’s Hang Seng rebounded slightly, gaining 1% to 20,036.03, after a 13.2% plunge on Monday—its worst single-day drop since 1997 during the Asian financial crisis.

China’s Shanghai Composite Index climbed 1.4% to 3,140.15, buoyed by state-directed share purchases from Central Huijin.

South Korea’s Kospi edged up by 0.3% to 2,334.23.

Australia’s S&P/ASX 200 advanced 2.3% to 7,510.00.

Indonesia’s JSX Index plunged, triggering a temporary suspension after falling more than 9%. It was down 7.6% by mid-afternoon.

Thailand’s SET Index dropped 4.2% as markets reopened after holidays.

Taiwan’s Taiex Index declined 4%, dragged down by a 3.8% fall in TSMC (Taiwan Semiconductor Manufacturing Co.) shares.

Three Japanese companies have delayed selling 100 billion yen (£678.43 million) worth of yen-denominated bonds due to global financial market uncertainty caused by recent U.S. tariff announcements, according to a source and the companies involved.

Asahi, Japan’s biggest beer producer, planned to issue 50 billion yen (£340 million) in bonds this month but decided to postpone the sale because of market instability, a company spokesperson said. Suntory Holdings also delayed issuing 10 billion yen in subordinated bonds, which were meant to be priced this week, according to a spokesperson.

Nissin, the noodle manufacturer, said it has also delayed its planned bond sale but did not provide further details. A source familiar with the matter said the company was planning to issue 40 billion yen in bonds.

India’s benchmark indices, BSE and NSE, gained over two per cent on Tuesday afternoon after a brief dip to less than one percent.

At 12.50 pm, the benchmark BSE Sensex was up by over 1605 points or 2.20 per cent, reaching 74,743.45. The broader NSE Nifty was up over 487 points up or 1.81 per cent in the green, reaching 22,648.85.

Deveya Gaglani, Senior Research Analyst-Commodities at Axis Securities, said, “MCX Gold prices extended their losing streak for four days in a row. Prices were down by more than 1,000 points as prices settled around 87,000 levels. The decline was primarily driven by investors liquidating positions to meet margin requirements and book profits amid mounting volatility across broader markets. Sentiment worsened after President Trump’s statement threatening to impose a 50% tariff on Chinese imports unless Beijing rolls back its 34% retaliatory duties on American goods. We expect Gold prices to remain volatile ahead of FOMC minutes this week. The street expects some clarity on the rate cut next month, which may support prices, or Gold may head southwards.”

At 12 pm, the benchmark BSE Sensex was up by 843.68 points or 1.15% per cent, reaching 73,981.58. The broader NSE Nifty 267.20 points up or 1.21% in the green, reaching 22,428.80.

Mr Gaurav Bhandari, CEO at Monarch Networth Capital Limited, said, Despite the widespread fear gripping global markets, fuelled in part by recent tariff announcements from President Trump, I believe we are nearing the end of a bottoming process in US markets. In my view, this final phase will give way to a sharp, euphoric rally that could mislead many into thinking stability has returned. While sentiment remains bearish, I foresee a surge in the S&P with potential upside targets of 6300–6700 over the next 6–8 months, marking what could be a classic blow-off top before a significant correction. This is a personal take based on current market signals, and while risks persist, I believe we’re on the cusp of a powerful, albeit temporary, upswing.”

Goldman Sachs Group Inc. said Brent crude has the outside potential to fall below $40 a barrel under “extreme” outcomes if the trade war dampens oil consumption across markets.

“In a more extreme and less likely scenario with both a global GDP slowdown and a full unwind of OPEC cuts, which would discipline non-OPEC supply, we estimate that Brent would fall just under $40 a barrel in late 2026,” said analysts including Yulia Grigsby said in an April 7 note.

Yogesh Kansal, cofounder of online trading platform Appreciate, said, “The rebound comes as no surprise as markets are oversold and remain ripe for a rebound led by tariff-agnostic companies and sectors.”

All 13 major Indian sectoral indexes traded higher. Broader markets also increased, with small-cap and mid-cap indexes gaining about 1.2% each.

All Sensex firms, except Tata Consultancy Services, traded in the positive territory. The biggest gainers were Titan, Adani Ports, Bajaj Finserv, State Bank of India, Axis Bank, UltraTech Cement, Larsen & Toubro, and Tata Steel.

The major gainers at NSE were Titan Company, Tata Steel, Hindalco Industries, Tata Motors, and Shriram Finance.

Midcap and Smallcap indices were up 2 per cent each on the BSE.

Observing the markets, Akshay Chinchalkar, Head of Research at Axis Securities, told ANI, “The Nifty suffered its biggest fall for the year yesterday, but the over 400 point recovery at the close was encouraging for bulls. The rebound resulted in a bullish belt-hold line formation with the 22572-22685, the next upside hurdle area. On the downside, the 22015-22130 area is critical.”