Stock Market Zooms – Ball -Black on the fourth day … Sensex climbed 900 points, these shares went from RIL to Airtel! – Reliance to Airtel these 10 stocks support
The stock market started rapidly on Thursday and the fast of Sensex-Nifty continued till the market was close. In the last business hour, the 30 -share Sensex of BSE jumped up to about 1000 points, while the NSE’s Nifty also passed over 23,200 with a sharp jump of 300 points. Meanwhile, shares ranging from Mukesh Ambani’s Reliance Industries to Bharti Airtel gave speed to the market.
Sensex crosses 76000 as soon as it opens
BSE Sensex jumped at the level of 75,917.11 as compared to its last closed 75,449.05 when trading started on Thursday in the stock market. After this, it went beyond 76000 during the 15-minute trading and then its pace increased and around 3 pm, it took a gain of about 1000 points and reached the level of 76,456.25. However, this index of Bombay Stock Exchange rose by 899.01 points or 1.19 per cent to 76,348.06 levels at 76,348.06.
Nifty jumped up to 300 points
Talking about NSE NIFTY, it also stepped into the Sensex step from the beginning. This index jumped up to its previous closed 22,907.60 and opened the level of 23,000 as soon as it opened. After this, during the business, the Nifty jumped up to 300 points to reach the high level of 23,216. By the end of trading in the market, its speed also slowed down and NIFTY climbed 258.20 points or 1.13 per cent to close at 23,165.80.
These are the reason for the market boom
One reason behind the rise in the stock market on Thursday is not believed to be any change in the policy rate by the US Federal Reserve. Amid the concerns of the trade war from the tariff policy of Donald Trump, the US FED has kept the interest rates unchanged and anticipated 2 cuts at the end of the year. Apart from this, the most important IT stock in speeding the market has been seen on Thursday. Nifty IT Index supported the market with an increase of more than 2%.
Another big reason is that US Bond Yields have seen a decline and with this the dollar index has also weakened. Us Dollar was at index103.36, which supported the positive sentiments in other emerging markets including India. Actually, weak dollars and low bond yields are important in making Indian markets more attractive to foreign investors.
(tagstotranslate) Stock (T) Top Gainers Stock (T) Business News (T) Business Ki Khabar (T) Stock Market (T) Stock Market Flow (T) Sharemket (T) Reliance (T) TCS (T) TCS (T) Airtel (T) Airtel (T) Zomato