The market's recovery was further supported by U.S. President Donald Trump's announcement of upcoming tariff negotiations with Japan, which alleviated some investor concerns. However, his threat of additional tariffs on Chinese goods tempered this optimism.
Asian markets also showed resilience, with Japan's Nikkei 225 soaring by 6.3%. All 13 major Indian sectoral indices were in positive territory, and both small-cap and mid-cap indices gained around 1.2% each. Notable stock movers included Titan, which rose 5% due to strong revenue growth propelled by higher gold prices, and Bharat Electronics, up 3.4% after securing a ₹22 billion contract from the Indian Air Force for electronic warfare systems.
