Sensex rebounds over 1,100 points from day’s low; why is Indian stock market rising despite Trump’s 25% tariff shock?

Despite concerns over a 25% tariff by the US, the Indian stock market rebounded significantly on July 31, led by companies like HUL, ICICI Bank, and ITC. The Sensex rose over 1,100 points, while the Nifty 50 reclaimed the 24,950 level.