<h1>US President's Tariff Relaxation on Electronics and Potential Auto Duty Revisions Fuels Indian Market Rally</h1> Indian benchmark equity indices Sensex and Nifty surged over 2% following a global market rally after the US President relaxed tariffs on electronics products and hinted at duty revisions for automobiles. Sensex jumped 1,577.63 points to settle at 76,734.89, while Nifty surged 500 points to 23,328.55. All BSE sectoral indices closed in the green, with Realty, Auto, Capital Goods, and Industrials leading gains. The markets recovered almost all losses induced by the reciprocal tariffs announced on April 2. Asian and European markets also traded positively, while wholesale price inflation in India eased to 2.05% in March.