New Delhi, April 8 -- Indian stock indices recovered substantially on Tuesday, after the bloodbath of the previous session. Sensex closed 1,089 points or 1.5 per cent higher at 74,227 points.

Nifty closed at 22,535.85 points, up 374.25 points or 1.69 per cent.

"Investors may continue in wait-and-watch mode since it will take time for clarity to emerge," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

On Tuesday, Indian stocks witnessed a bloodbath as the new week kicked off, triggered by the Trump reciprocal tariffs. These tariffs had set off a sell-off in equities globally, and India was no exception. Sensex fell over 2,200 points.

Trump's reciprocal tariff announcement last week has been sending tremors...