Indian stock markets staged a significant recovery on Tuesday, April 8, 2025, following a sharp decline the previous day. The BSE Sensex surged 1,089.18 points, or 1.49%, to close at 74,227.08, while the NSE Nifty50 gained 374.25 points, or 1.69%, to end at 22,535.85. This rebound was driven by positive global cues and expectations of a 25 basis point rate cut by the Reserve Bank of India (RBI). The rally was broad-based, with all sectors ending in the green. Notable gains were seen in IT, Realty, and Financial Services sectors, with companies like Infosys, Reliance Industries, and Jio Financial Services leading the charge. Jio Financial Services emerged as the top gainer on the Nifty, rising 5% after announcing its entry into the digital loan business through the JioFinance app, offering Loan Against Securities up to Rs 1 crore in just 10 minutes. The recovery in Indian markets mirrored a broader rebound across Asian markets, fueled by optimism around potential negotiations on US tariffs. The Nikkei 225 in Japan soared 5.6%, contributing to the positive sentiment. Additionally, the anticipation of a 25 basis point rate cut by the RBI in its upcoming meeting added to the bullish momentum.