New Delhi:
The decline in the stock market due to the American reciperook tariff is an opportunity for investors and investing at such a time can give good returns to invest while keeping a long -term attitude. This statement was made by the stock market expert on Tuesday.
Talking to news agency IANS, stock market expert AP Shukla said, “Such opportunities are available in the market. Taking advantage of the decline, investors should invest in shares in which they already wanted to invest, because this is the time when you can buy your favorite share at a 5-10 percent lower price.”
On the boom in the stock market, AP Shukla further said, “We believed that from the beginning, India will benefit from the trade war directly. India’s economy remains strong and in the coming years, 5 trillion will be of dollars. According to this, the stock market will be demonstrated.”
According to Shukla, investors in the fall should invest in a longer period instead of short term to earn good returns.
Indian stock market huge rise
The Indian stock market is seeing a big rise after the removal of reciperook tariff (except China) by US President Donald Trump. In the afternoon trading, the Sensex gained 1,573 points or 2.10 percent to 76,733 and the Nifty was up 482 points or 2.12 percent to 23,311.
Along with largecap, there is also a boom in midcap and smallcap. The Nifty Midcap 100 index rose 832 points or 1.65 percent to 51,333 and the Nifty Smallcap 100 index increased by 343 points or 2.19 percent to 16,039.
Almost all the index were trading in the green mark. Auto, IT, PSU banks, financial services, metal and energy were trading faster.