SENSEX recovers 1,700 points, NIFTY50 reclaims 22,600
pre-market1 source ↓written by the desknot a recommendation
- from a low
- 1,707 points
- to reach
- 71,546
- intraday high
- 73,131
- after an initial
- 22,673
- initial dip
- 22,182.55
The SENSEX and NIFTY50 indices rebounded sharply on 2 April, with the SENSEX gaining 1,707 points from a low of 71,546 to reach an intraday high of 73,131. The NIFTY50 also surged, touching 22,673 after an initial dip to 22,182.55. This recovery was fueled by a strong rebound in the Indian rupee, which improved over 200 paise from record lows. 📈
Despite the positive turnaround, the indices were down slightly by mid-afternoon, with the SENSEX at 73,046 and NIFTY50 at 22,641. The market sentiment shifted positively following US President Trump's comments on military actions in Iran, which had initially dampened investor confidence.
Not investment advice. For informational purposes only.