Shares of Tecil Chemicals & Hydro Power, Securekloud Tech, Cupid, Last Mile Enterprise, and LS Industries have surged between 4%-20%, even amidst the chaos of Black Monday that has shaken Indian stock markets.
Indian benchmark indices experienced considerable fluctuations following retaliatory measures taken by China and other countries in reaction to the United States implementing reciprocal tariffs on significant trading partners such as China and India on April 2nd.
The Nifty 50 began with a steep drop of over 1,100 points, while the Sensex fell more than 5%, starting at 71,449.94. Every sectoral index was in negative territory, with the metal and IT sectors proving to be the worst affected. With trade tariff uncertainties escalating, market volatility is anticipated to continue in the short term.
