Indian stocks recovers from losses Donald Trump's April 2 tariffs caused

The benchmark equity index erased all of the losses brought on by US President Donald Trump's reciprocal tariffs earlier this month, and Indian stocks rose as trading resumed following a long weekend. The NSE Nifty 50 Index hovered around its closing level on April 2 after rising as high as 2.4% in Mumbai trading on Tuesday. Due to a local holiday, the market was closed on Monday.

In the midst of the turbulence caused by retaliatory tariffs imposed by US President Donald Trump, investors are praising Indian markets as a relative safe haven. The large internal economy of the country is thought to be more resilient to a possible global recession than many of its rivals, who are subject to increased tariffs.

The CEO of The Global CIO Office, Gary Dugan, stated, "India continues to be overweight in our portfolios." Over the medium run, Indian stocks are thought to be a safer investment due to their strong domestic development and the probable diversification of supply chains away from China, he said.