Ten major highlights of the Indian stock market today include the Sensex and Nifty 50 ending higher ahead of the Trump tariff announcement.

Ten major highlights of the Indian stock market today include the Sensex and Nifty 50 ending higher ahead of the Trump tariff announcement.

After two days of declines driven by IT and financial companies, the Nifty and Sensex rebounded on April 2. Amid worries about how US tariffs might affect the economy, the Sensex increased 593 points to 76,617.44 and the Nifty gained 166.65 points to 23,332.35.

On April 2, the Nifty and Sensex concluded the day with significant gains following a two-day loss, propelled by a recovery in IT and financial companies. The event takes place soon before the tariff deadline set by US President Donald Trump on April 2, which the White House has said will go into effect right away.

The Nifty 50 concluded 166.65 points, or 0.72 percent, higher at 23,332.35, while the Sensex closed 593 points, or 0.78 percent, higher at 76,617.44.

The Nifty Midcap 100 increased 1.6% and the Smallcap 100 rose 1.1%, reflecting the upbeat sentiment in the overall market.

Due to growing concerns that increased taxes will raise domestic costs and possibly slow down economic activity, the tariffs come at a time when company and consumer confidence in the US is declining. These worries have been strengthened by recent inflation statistics, which showed that consumer spending grew more slowly than anticipated in February while the Federal Reserve's primary inflation indicator surged more than anticipated.

1. Trend by Sector

Every sector finished on a positive note. The best-performing Nifty was Nifty Realty, which increased 3.6%, followed by Nifty Consumer Durables, which up 2.5%. In the meantime, Nifty FMCG and Nifty Bank both saw a 1% increase. Additionally, Nifty Pharma, Nifty IT, Nifty Financial Services, and Nifty Auto all had increases of about 0.8%.

2. Top 5 Today's Nifty 50 gainers

The five biggest winners were Tata Consumer (up 6.91 percent), Zomato (up 4.9%), Titan (up 3.7%), IndusInd Bank (up 2.8%), and Maruti Suzuki (up 2%).

3. Today's top five Nifty 50 losers

Shares of Bharat Electronics (down 3.34 percent), Nestle India (down 1.3 percent), UltraTech Cement (down 1 percent), PowerGrid (down 0.9 percent), and Bajaj Finserv (down 0.7 percent) were the top losers among the 17 Nifty 50 firms that ended the day lower.

4. Circuits in the Upper and Lower

434 equities reached their respective upper circuits during today's trading, while 153 stocks were at their respective lower circuits, according to BSE data.

5. The stocks with the highest level of activity

The most active stocks in terms of volume were Bharat Electronics (5.26 crore shares), Zomato (5.94 crore shares), and Vodafone Idea (92.21 crore shares), per NSE statistics.

6. More than sixty stocks reached 52-week highs.

In intraday trading on the BSE on Wednesday, 64 equities, including those of Chambal Fertilizers, Jyothi Infraventures, Maruti Securities, AAVAS Financiers, NACL Industries, and Texel Industries, reached their 52-week highs.

7. More than 80 stocks drop below 52-week lows.

85 equities, including those of Titan, Bajaj Electricals, Central Bank of India, JP Associates, Orchid Pharma, and Happiest Minds Technologies, reached new 52-week lows during intraday trading on the BSE.

8. The ratio of advance to decrease

Provisional data shows that 2,813 stocks rose, 1,108 fell, and 146 stayed the same on the BSE on Wednesday.

9. Fundamental Expert View

"The domestic market saw consistent gains despite conflicting signals from around the world about the upcoming US tariffs. Expectations that the tariffs would have little effect on the home economy, considering the encouraging developments in trade talks between the US and India, were a major factor in this confidence. India's manufacturing PMI for March, which hit an eight-month high and suggested a rebound in Q4FY25 corporate profitability, further strengthened sentiments, according to Vinod Nair, Head of Research at Geojit Investments Limited.

10. Technical Perspective

"The index seems to be finding support around the crucial 50 EMA on the daily timeframe after a recent correction. The index has also maintained its position above the breakout point of the declining trendline. On the daily chart, a bullish Harami candlestick pattern has developed, indicating a possible short-term price recovery. In the immediate term, 23,100 might continue to be a solid support level on the lower end, below which weakness might intensify. However, maintaining above 23,100 could give the market impetus for a surge toward 23,800, according to Rupak De, Senior Technical Analyst at LKP Securities.