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Mid-market trade (April 8, 2025): Indices recover 2/3rd of previous day’s losses; IT sector leads ahead of TCS Q4 earnings

Mid-market trade (April 8, 2025): Indices recover 2/3rd of previous day’s losses; IT sector leads ahead of TCS Q4 earnings
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Indian equities in Tuesday’s commerce (April 8, 2025) recovered almost 2/third of the day before today’s losses. On the final depend, the 30-share BSE Sensex was up over 2 per cent or 1,486.5 at 74,624.4, whereas the Nifty50 index was up 2.04 per cent or 451.55 at 22,613.15.

Primarily, the rally was led amid across-the-board shopping for sentiment, with IT and shopper durables pack main the good points as on the final depend.

The Nifty IT index, final gained as much as 3 per cent, led by counters comparable to Infosys, TCS, HCL Applied sciences and Tech Mahindra amongst others, forward of the announcement of This fall earnings by IT bellwether Tata Consultancy Providers (TCS) on April 10.

The good points within the pack had been seen at the same time as the chance of recession within the US has elevated amid ongoing commerce tariff turbulence.

Zee Enterprise Managing Editor earlier within the day amid the escalating commerce tariff woes stated to be out of the hazard zone, Nifty50 index wants to shut above 25,550 ranges and as we write Nifty50 trades means above the prompt stage.

 



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Tags: 23rdAheadAprilbusiness newsDaysEarningsIndicesLeadsLive stock market updateslossesMarkets NewsMidmarketpreviousrecoversectorshare market todaystock market todayTCStradeZee Business
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