Share market today: The stock market has slowed down in the morning trading session. The Sensex is trading below 80000. It has fallen by 229.92 points to 79,886.57. The Nifty is also 67 points to 24261. The most profitable shares in the Sensex include IndusInd Bank, Nestle, Tech Mahindra, Asian Paints, Tata Motors, etc., while the most damaged shares include Airtel, ICICI Bank, TCS etc.
The Asian markets accelerated with the hope of reducing the US-China trade tension, while the US stock market fierce overnight. At the same time, investors are cautious on the domestic front due to signs of increasing geopolitical tension between India and Pakistan after the Pahalgam terror attack.
The impact of Pahalgam attack will also be seen on the market.
India suspended the Indus Water Treaty and reduced diplomatic relations with Pakistan. At the same time, the gift Nifty was trading around 24,260, which is about 52 points less than the previous bandh of Nifty Futures. This is a negative start for the Indian stock market index.
The Indian stock market closed up in the seventh consecutive season on Wednesday. The Sensex rose 520.90 points or 0.65 percent to close at 80,116.49, while the Nifty rose 161.70 points or 0.67 percent to close at 24,328.95.
Global signal for Sensex-Nifty
Asian market
The Asian markets on Thursday rose on the wall street on Thursday amidst hope of reducing tension in the US-China trade war. Japan’s Nikkei 225 rose more than 1 percent compared to the previous day, while the topics rose 0.81 percent. There was a slight change in the Kospie in South Korea, while the Kosdack, which focuses on small-cap shares, increased by 0.34 percent. Hong Kong’s Hang Seng Index futures were around 22,069, which did not turn over 22,072.62 in the previous closed.
Wall Street Status
After renewed optimism about the possible success in the US-China trade war and by President Donald Trump said that Federal Reserve Chairman Jerome Powell had no intention of “no intention of shutting down” Wall Street closed with an edge. Dow Jones Industrial Average rose 419.59 points or 1.07 percent to close at 39,606.57. S&P 500 rose 1.67 percent to 5,375.86 and Nasdaq Composite increased by 2.50 percent to 16,708.05.
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