Indian equity markets exhibited significant gains, influenced by global trade developments and investor sentiment.

Market Performance: The BSE Sensex surged by 1,210.68 points, closing at 75,057.83. The NSE Nifty advanced by 388.35 points, ending at 22,787.50. Key Influencing Factors: 1. Global Trade Developments: The U.S. administration's announcement of new tariffs on April 2, 2025, initially raised concerns. However, the subsequent 90-day reprieve granted to other nations alleviated some of this anxiety, contributing to positive market sentiment. ***** Institutional Investors (FII) Activity: FIIs have transitioned to net buyers in recent sessions, boosting market confidence. On March 21, they acquired equities worth ₹7,470 crore, indicating a notable shift from previous selling trends. 3. Declining U.S. Treasury Yields: A decrease in U.S. 10-year Treasury yields has enhanced the appeal of emerging markets, including India, leading to increased foreign investments. Sectoral Highlights: •

Larsen & Toubro (L&T): L&T's shares rose by 1.89% to 3,117.05 Indian Rupees. However, the stock remains 21.35% below its 52-week high of 3,963.00 rupees, recorded on December 10. Outlook: While today's rally is encouraging, investors should remain cautious due to ongoing global uncertainties and potential policy shifts. It's advisable to monitor upcoming corporate earnings and economic indicators for informed investment decisions.