Indian shares rise on bargain buying as Asia rebounds on tariff talk hopes

Bharath Rajeswaran - Reuters - 08/04
India's benchmark indexes on Tuesday rebounded from the previous session's sharp selloff as bargain hunting and a broader recovery across Asia lifted sentiment amid hopes of U.S. tariff negotiations.
April 8 (Reuters) - India's benchmark indexes on Tuesday rebounded from the previous session's sharp selloff as bargain hunting and a broader recovery across Asia lifted sentiment amid hopes of U.S. tariff negotiations.
The Nifty 50 (.NSEI), opens new tab rose 1.08% to 22,409.15 while the BSE Sensex (.BSESN), opens new tab gained 1% to 73,860.7 respectively, as of 10:22 a.m. IST. Both had risen about 1.9% earlier in the morning.

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"The rebound comes as no surprise as markets are oversold and remain ripe for a rebound led by tariff-agnostic companies and sectors," said Yogesh Kansal, cofounder of online trading platform Appreciate.
The Nifty and Sensex tumbled 3.2% and 3% respectively on Monday — their biggest single-day drop in 10 month...
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