New Delhi:
The Indian Stock Market has seen a great rise in the last two business days. This rapidly has a tremendous bounce in the property of investors. In just two days, the assets of investors have increased by Rs 18.42 lakh crore. The positive trend in the Global Market Rally and the relief news from the US has strengthened the market.
Market breathed a sigh of relief from tariff exemption
In fact, US President Donald Trump Tariff has indicated to give some electronic products such as smartphones and import tariffs on computer. Along with this, there has been talk of temporary discount in tariffs on the auto sector. This move of Trump has reduced the tension about Trade War, which has directly benefited both the global index and the domestic market.
Sensex and Nifty jumped a long jump
The Sensex of BSE closed at 76,734.89 on Tuesday, April 15 with a gain of 1,577.63 points (2.10%). At the same time, the National Stock Exchange’s Nifty (NIFTY) climbed 500 points (2.19%) to close at 23,328.55.
On Friday, there was a great rise in the market. The Sensex jumped 1,310.11 points (1.77%) on that day at 75,157.26. During the trading, the Sensex rose to 1,620.18 points at a time. The Nifty also recorded a strength of 429.40 points that day.
Sensex up 2,887 points in two days
If we look at these two business sessions on Friday and Tuesday, the Sensex has risen 2,887.74 points in total. With this rally, the total market cap of companies listed in BSE has increased to Rs 4,12,24,362.13 crore, which is Rs 18,42,028.91 crore more than before.
At the same time, on Monday, the stock market, currency markets and commodity markets were closed on the occasion of Ambedkar Jayanti. But on the very next day of the holiday i.e. Tuesday, when the market opened, the passion of buyers was being made.
Can investors benefit even further?
The signs of softening in the US tariff policy and the strength of the global market have given tremendous support to the Indian stock market. If this attitude remains in the coming days, then investors can benefit even more. However, due to global factors like trade war, market fluctuations are likely to remain.