Share Market Live: There is a stormy boom in the Indian stock market. The market is open today after Friday. The markets were closed for three days due to the holiday on Saturday, Sunday and Ambedkar Jayanti on Monday. However, the market bumper has started today. BSE Sensex is trading at around 1500 points and NSE Nifty 450 points in early trade. There is a tremendous purchase in the Laj Cap, Mid Cap and Small Cap Stocks. The market mood atmosphere has completely changed. After all, what happened in the midst of these three days of touch that such a great boom has returned in the market. Let us tell you what is the reason for returning all -round purchases in the stock market?
Many relief news came on holiday
There is good news coming from America behind the return of the Indian market. The US President decided to exclude smartphones, computers and other electronic items from the weekend, proposed tariff. Along with this, it was reported from sources that Trump would also give relief to auto companies. Earlier, Trump had decided to postpone the tariffs imposed on countries around the world except China for 90 days. This indicated that Trump is getting soft on his tariff policy. After this news, there was a boom in markets around the world including America yesterday. However, Bhartiya was closed due to the stock market Ambedkar Jayanti. Therefore, its impact is visible on the Indian market today. The Indian market has returned great boom.
The stock market expert says that the purchase of the trade war in the market has also returned from the lower level. Due to this, all -round purchases are being seen in the market. Apart from this, the figure of inflation of March is coming today. Inflation is expected to be below the RBI target of 4%. That is, the expectation of the repo rate cut once more will increase. After the repo rate cut by RBI, all banks have made the debt cheaper. The market has also got boost. The quarterly results of companies have started coming. Better results are expected to come in this quarter. The market has also returned to the market in this Umim.
Support also received from global market
After the announcement of tariff relief by US President Donald Trump, the global market has returned tremendously. On Monday, the US market Dow Jones, Nasdac and S&P returned to a brilliant rise. At the same time, Asian markets saw a rage. Nikkei 225, South Korea’s KOSPI index and Hong Kong’s Hang SenG index closed with great boom. The Indian market has also got support from returning shopping in the global market. The domestic market is also getting the benefit of this.
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