Stock market today: The new week has been fantastic in the Indian stock market, there have been positive signs globally and the global stock markets have recorded a boom. The Sensex rose 547 points to 74,376.35 after opening with a slight gain of 2 points. In the morning session, the Nifty reached the level of 50 22577. 19 shares involved in the Sensex were trading up by up to 3 percent, while 11 shares were trading with a decline of 1.28 percent.
At 10.33 am, the Sensex was trading at 74125.27 at 74125.27 at 10.33 am. While the Nifty was trading at 22478.20 up 81 points. The implementation of Trump’s tariff policy has had an adverse reaction and relief from geopolitical crises including Europe-Ukraine War. On the other hand, the possibility of fall in interest rates has increased due to reduced inflation in the US and India. Due to which the market is getting support.
Dow Jones 674.63 points came up on Friday after a decline amid reports of economic recession in the US. Nasdaq also bounced. Asian markets are also trading in the green sector amid reports of increase in Chinese retail sales.
Stock special recession?
Out of a total of 3901 shares trading in the morning session on BSE, 2033 shares were trading in the rise and 1647 shares were trading in fall. However, if we look at the details of the stock, no significant improvement has been observed yet. 238 shares reached the lowest level of the year and 230 shares reached the lower circuit. While 67 shares reached the highest level of the year and 165 shares were placed upper circuit. IT, PSU and energy shares are a decline trend.
Bank shares improve after RBI’s statement
Following the disclosure of fraud in IndusInd Bank accounts, the RBI clarified that the bank’s financial position is strong. As a result, IndusInd Bank shares today increased by more than 3 percent. Stocks declined by 26 percent in four days after the announcement of disruption in its derivative portfolio.
