Indian shares open higher on hopes of easing US-China trade woes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2025
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Source: Reuters
Market Response to Trade Tensions: India's benchmark indexes rose on hopes of reduced trade tensions after President Trump indicated that tariffs on Chinese imports would decrease significantly, leading to gains in both the Nifty 50 and BSE Sensex.
Sector Performance: All sectors advanced at market open, with the IT index leading the way; HCLTech saw a notable increase despite slightly lower-than-expected quarterly revenue, bolstered by positive fiscal guidance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
