Share market today: Investors are focusing on the Indian stock market after accurate attacks by the Indian Armed Forces on terrorist infrastructure in Pakistan and PoK under Operation Sindoor. In early trade, there was a major decline in the major stock market index Sensex and Nifty. However, within minutes of the market opening, the Sensex and Nifty began to rise. Market investors are also saluting Operation Sindoor. The Sensex reached 80,761.92 points at 9:30 am. It increased by 120.85 points or 0.15%. At the same time, the Nifty is trading at 52.80 (0.22%) points at 24,432.40.
Earlier today, the BSE Sensex opened 180.48 points or 0.22% to 80,460.59. At the same time, the NSE Nifty opened at 24,354.00 with a decline of 25.60 points i.e. 0.11%. Earlier, Gift Nifty started a slightly negative start. At 7:03 am, the gift Nifty fell 104 points or 0.43% to close at 24,308.
Asian market
The possibility of America-China trade talks led to a boom in the Asian markets. Japan’s Nikkei rose 2250.22%, while the topics rose 0.38%. KOSPI of South Korea rose 0.32% and Kosdaq fell 0.7%. Hong Kong’s Hong Seng Index futures were seen to be seen.
Tuesday’s position
Amid the increasing tension between India and Pakistan, local stock markets declined due to profit booking in banking and petroleum shares and a cautious stance of investors. The Sensex declined by 156 points, while the Nifty declined by 82 points. The BSE’s 30 -share major index Sensex came to a halt at a two -day rose to close at 80,641.07 points with a fall of 155.77 points or 0.19 percent. At one time during trading, it fell 315.81 points to 80,481.03 points. Analysts said business activities remain limited due to concerns about the policy rate decision of the US Federal Reserve and the US-China trade talks. After the Pahalgam attack, the Indian stock market is constantly witnessing an increase.
Indian shares are constantly buying foreign investors
Foreign institutional investors remained a pure buyer in the Indian stock market for 14 consecutive sessions, on Tuesday they made another pure purchases of Rs 3,800 crore. In the last 14 trading sessions, foreign institutions have invested around Rs 45,000 crore in the Indian stock market.
Devaluation of rupee
Meanwhile, the Indian rupee declined against the US dollar in the Non-Dilivable Forward (NDF) market on Wednesday after an airstrike at several places in Pakistan and Pakistan-occupied Jammu and Kashmir by the Indian Armed Forces. The NDF has indicated that when the coastal spot market is opened, the rupee will trade at 84.64-84.68. The rupee fell by 5 paise to close at 84.35 against the US dollar on Tuesday amid a vigilant revaluation of rising global uncertainty and risk ability.
According to foreign exchange traders, the dollar-roped pair supported the falling crude oil prices and the increase in foreign capital flows, while the ongoing geopolitical tension between India and Pakistan affected the notion of investors and pressurized the rupee.
