Share market today: After the global market boom, the domestic stock market benchmark index, Sensex and Nifty 50, are expected to open with an edge on Wednesday. Asian markets accelerated, while American stocks accelerated due to the comments of President Donald Trump about Federal Reserve Chairman Jerome Powell and the hopes of slight softening in the US-China trade war.
Taking positive indications from global markets, the Indian stock market opened firmly in the seventh consecutive trading session on Wednesday (April 23). In the initial session, the benchmark index Sensex rose over 500 points, while the Nifty-50 reached above 24,300 with a significant increase. The market started positive and IT stocks like Infosys, Tech Mahindra and HCL Tech were boom.
On Tuesday, the BSE Sensex rose 187 points or 0.24 percent to close at 79,595. The Nifty-50 was closed at 24,167, 41 points or 0.17 percent. On Tuesday, FII bought shares worth Rs 1,290.43 crore on the fifth consecutive day, while DII sold shares worth Rs 885.63 crore.
Earlier, the Indian stock market continued to increase in the sixth consecutive season on Tuesday. The Sensex rose 187.09 points or 0.24 percent to close at 79,595.59, while the Nifty rose 41.70 points or 0.17 percent to close at 24,167.25.
Global signal for Sensex-Nifty
Asian market
The Asian markets rose on Wednesday after an overnight boom on Wall Street amidst the hope of reducing the US-China trade tension. Japan’s Nikkei 225 index rose by 1.85 percent, while the Topix index increased by 2.09 percent. South Korea’s KOSPI index rose by 1.02 percent, while KosDaq increased 0.81 percent. Hong Kong’s Hong Seng Index futures had a strong start.
Give nifty gifts today
The gift Nifty was trading around 24,371. This is a premium of about 202 points from the previous closed price of Nifty Futures, indicating a positive start for the Indian stock market indices.
Wall Street Status
The US stock markets on Wall Street on Tuesday, after the US-China trade tension was indicated and President Donald Trump said that he had no plans to remove Federal Reserve Chairman Jerome Powell.
Dow Jones Industrial Average rose 1,016.57 points or 2.66 percent to 39,186.98, while S&P 500 increased to 129.56 points or 2.51 percent to 5,287.76. Nasdaq Composite rose 429.52 points or 2.71 percent to close at 16,300.42.
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