Mumbai April 29 2025: India’s benchmark indexes inched higher at open on Tuesday, supported by easing trade tensions and sustained foreign flows into the domestic market.
The Nifty 50 (.NSEI) rose 0.17% to 24,370.7 and the BSE Sensex (.BSESN) gained 0.22% to 80,396.92 as of 9:15 a.m. IST.
Other Asian markets were also higher, with the MSCI Asia ex-Japan index (.MIAPJ0000PUS) adding 0.5%, while the dollar headed for its steepest monthly drop in years as investors braced for the trade war to be felt in earnings and economic data.
U.S. Treasury Secretary Scott Bessent said on Monday that many top trading partners made “very good” tariff proposals and that one of the first deals to be signed could be with India as soon as this week or the next.
Barring real estate stocks, all major sectors advanced at open. The broader mid- (.NIFMDCP100) and small-caps (.NIFSMCP100) rose 0.3% and 0.6%, respectively.
