News India Live, Digital Desk: The impact of the tension between India and Pakistan due to the terror attack in Pahalgam in Jammu and Kashmir on April 22 was clearly visible on the stock market. The market has been under pressure during the last two business days, but today the market has made a strong comeback on Monday 28 April. With the help of global positive signals, the Sensex opened up by 330 points and jumped up to 700 points in early trade itself.
By 9:30 am, the Sensex was trading at around 79,770.32. Along with this, the Nifty is also trading at the level of 24,100 rapidly. Earlier, on Friday, April 25, the market had a steep decline, with the Sensex fell 588 points to close at 79,212.53.
The main reasons for market boom:
The domestic stock market started well due to positive signals from the global market on Monday. Gift Nifty was seen trading around 24,232, while MSCI Asia Pacific Index saw an increase of 0.1 percent. Nikkei of Japan also stood 22 points.
Investors have increased the confidence of investors due to signs of softening of tariffs on tariffs on behalf of former US President Donald Trump. There is a positive atmosphere in the market due to continuous investment by investors.
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