Shrugging off concerns over the 25 per cent tariff imposed by US President Donald Trump, the Indian stock market staged a smart rebound in intraday trade on Thursday, July 31, with stocks such as Hindustan Unilever (HUL), ICICI Bank, and ITC leading the recovery.
The Sensex jumped over 1,100 points from the day’s low, while the Nifty 50 reclaimed the 24,950 level.
Around 2:20 PM, the Sensex was 166 points, or 0.20 per cent, up at 81,648, while the Nifty 50 was 54 points, or 0.22 per cent, up at 24,909.
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