Stock Market Today: Stormy boom in the stock market continues, Sensex jumped 600 points to cross 80,000
New Delhi:
The Indian stock markets are open in the green mark for the seventh consecutive day today. In early trade, the BSE Sensex rose by 603 points (0.76%) to 80,198 at 9:24 pm, while Nifty climbed 183 points (0.76%) to trading beyond 24,350. Earlier, the market also saw a good boom in the pre-opening session.
Great boom in the market yesterday
The market was strengthened on Monday too. The Sensex rose 187 points to close at 79,595.59, while the Nifty was up 41 points to close at 24,167.25. Earlier, six consecutive business seasons had seen a boom.
Property worth 33.55 lakh crores increased in 6 days
The assets of investors have increased by Rs 33.55 lakh crore in the last six days. Since April 9, the Sensex has climbed about 5,748 points or 7.78%. Meanwhile, the market cap of listed companies in BSE has increased to Rs 4,27 lakh crore.
Support from global market
The Indian stock market has also received positive indications from the global market. On Tuesday, the US stock markets rose a tremendous rise. Dow Jones rose around 1,016 points, while S&P 500 and Nasdaq also saw a rise of more than 2.5%. The reason for this is the hope of the American Treasury Secretary, in which he said that some relief can be seen soon regarding America-China tariff.
Strong start of Asian markets too
America’s positive trend also affected the Asian markets. Japan’s Nikkei 225 and South Korea’s KOSPI also opened rapidly today, which also strengthened the domestic market.
