INDIA STOCKS-Indian shares open higher on hopes of easing US-China trade woes

April 23 (Reuters) - India's benchmark indexes opened higher on Wednesday on hopes of easing trade tensions after U.S. President Donald Trump said tariffs on Chinese imports would fall significantly following a deal, but not to zero.

The Nifty 50 .NSEI rose 0.79% to 24,357.6 and BSE Sensex .BSESN gained 0.69% to 80,142.09 as of 9:15 a.m. IST.

Trump backed away from his threats of firing U.S. Federal Reserve Chair Jerome Powell, fuelling a bounce back in the dollar from the multi-year lows hit this week.

The escalating trade war between China and the U.S. has investors around the world worried about its impact on the global economy and inflation.

All 13 sectors advanced at the open. The IT index .NIFTYIT jumped 2.24%, leading sectoral gains.

HCLTech HCLT.NS surged 5.1% and was the top gainer on the Nifty 50. The IT firm posted a slightly lower-than-expected fourth-quarter revenue, but its fiscal 2026 guidance of 2%-5% came in relatively higher compared to peers.