Market on Thursday opened in the green, recovering most of its yesterday’s losses as US market saw a bounce-back post White House economic adviser Larry Kudlow's comments saying that Trump's US tariffs announced on China were only proposals as of now.

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The NSE Nifty opened in 10,200 levels at 10,242 points and the BSE Sensex, which tanked 350 points in the previous session, bounced back to 33,360 levels.

All Nifty stocks were trading in the green with Hindalco, Vedanta, Tata Steel, etc being the top gainers.

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Hindalco went up by 3.5%, while UPL and Vedanta rose almost 3% each.

Global markets remained weak on Wednesday after China retaliated to US President Donald Trump's tariff measures by imposing import tariffs on 128 US products. The US markets plunged more than 500 points in its Tuesday's close post the trade war buzz which led other markets to follow suit.

After Tuesday's session, the US markets made a comeback. Household goods makers, retailers and homebuilders led the way while technology companies reversed some early losses. The investors also began to relax after the US and China said that they will be willing to hold talks regarding the trade wars.

First Published:Apr 5, 2018 9:30 AM IST