The broader market mirrored the positive sentiment in the afternoon with the Nifty Midcap 100 rising 1.4 percent while the Smallcap 100 gained 1 percent.
As demand for lab-grown diamonds continues to rise, these startups have raised $14 million in 2025 so far, a significant 56 percent increase from the $9 million raised in the whole of 2024, as per Tracxn
Tata Consumer Products, Zomato (Eternal), Titan Company, IndusInd Bank, and Trent were the top gainers on the Nifty.
After a two-day decline, Nifty and Sensex were set to end the session with strong gains on April 2, driven by a rebound in banking and IT stocks. The rally comes just ahead of US President Donald Trump’s April 2 tariff deadline, which the White House has confirmed will take immediate effect.
At about 3:10 pm, the Sensex was up 611.56 points or 0.80 percent at 76,636.07, and the Nifty was up 169.90 points or 0.73 percent at 23,335.60. About 2553 shares advanced, 941 shares declined, and 104 shares unchanged.
“The whole structure of global trade could change post Trump’s tariff plans and markets will take some time to absorb the prices. We need to wait and watch what the contours of Trump’s tariff plans are. If markets tend to become pessimistic, we will witness a downtrend, and we don’t believe the tariff narrative is fully priced in the markets yet,” Sandeep Bagla, CEO of Trust Mutual Fund said in a conversation.
