New Delhi:
The Indian stock market has made a strong comeback on Tuesday after a major fall of Monday. BSE Sensex climbed 1,635 points (2.24%) to 74,773.62 at 12:37 pm amid positive signals received from global markets, while NIFTY was trading at 22,656.40 with a gain of 494 points (2.23%).

Today Sensex and Nifty started with a strong lead, which led to great relief to investors. The Sensex was trading at 74,338.59 at 74,338.59 at 9:21 pm in starting trade at 9:21 pm (1.64%) at 74,338.59 and Nifty 377.00 points (1.70%) at 22,538.60.

In the morning trading, the BSE Sensex climbed more than 800 points and the Nifty also crossed 22,400. This boom in the market has come due to recovery of Asian markets and strength in American futures. In pre-opening, the Sensex gained 875.83 points (1.20%) to 74,013.73 while the Nifty was open at 22,446.75 above 285.15 points (1.29%).

Bumper boom in all shares of Adani Group

At the same time, bumper has increased in all the stocks of Adani Group today. In early trade, from flagship company Adani Enterprises to Adani Ports, Adani Energy Solutions has seen a rise of up to 3 per cent.

Almost all the sectoral index was trading in the green mark. Apart from PSU bank and IT, metal, realty, energy, private bank and infra were the highest rise.

Top Gainers and Louquars

Titan, Adani Ports, Tata Motors, Bajaj Finserv, SBI, Axis Bank, UltraTech Cement, Tata Steel, IndusInd Bank, Zomato, Bajaj Finance and NTPC were the top gainers. While TCS was the only share, which was in red mark in early trade.

There was a big decline in the market last day

Earlier on Monday, there was a big decline in the domestic stock market. The BSE Sensex lost 2,226 points to close at 73,137 and the Nifty fell 743 points to close at 22,161. This was the biggest decline of the market in 10 months.

After America’s new tariff and China’s response, the possibility of trade war and global recession increased. It had a direct impact on markets around the world, including India.

Investors suffered heavy losses

Nearly 14 lakh crore rupees of investors drowned due to Monday’s decline. During the business, the loss at one time had reached Rs 20 lakh crore, although in the end there was some recovery. The total market cap of companies listed on BSE declined by 14 lakh crores to Rs 389 lakh crore.

Relief from Asian markets

On Tuesday, good recovery was observed in the stock markets of Japan and Australia. Japan’s Nikkei index rose around 6% while the Topix index also topped more than 6%. KOSPI of South Korea was also trading up about 2%.

Although the market has done recovery today, the global sentiment still remains weak. The recipe between the US and China, that is, the counter-fee on each other has increased the fear of trade war. If the situation does not improve soon, then the market may show ups and downs again.

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Trade in Asian markets amidst trade war tension, Tokyo’s Nikkei index jumped 6%

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