The stock market closed up on Thursday. Talking about the status of the stock market at 3.30 pm, the Sensex rose 609 points to close at 74,322. At the same time, the Nifty rose 192 points to close at 22,530.15.
How was the market performance on Wednesday?
In the last trading session, the stock markets recorded the biggest one -day jump in a month. This helped the Nifty 50 to prevent a 10 -day record fall. On Wednesday, the Nifty rose 254.65 points or 1.15 percent to close at 22,337.30. Similarly, the Sensex rose 740.30 points or 1.01 percent to close at 73,730.23.
What are the signs coming from global markets?
- Most Asian markets on Thursday accelerated due to the rise in Wall Street after US President Donald Trump postponed the tariff on some vehicle manufacturers. Japan’s Nikkei index rose 1.25 percent, while Topics increased by 1.31 percent. However, ASX 200 overturned the trend and fell 0.53 percent.
- Kospi increased by 0.615 percent. Consumer inflation of South Korea increased by 2 percent year-by-year in February. This was more than 1.95 percent of the Reuters Survey, but was less than 2.2 percent increase in January.
- Dow Jones rose 1.14 percent in US markets. S&P 500 increased by 1.12 percent, while Nasdaq increased by 1.46 percent.
