Stock market right now: BSE Sensex opens over 100 points up; Nifty50 above 22,850

headlines4Top Stories9 months ago1.6K Views

[ad_1]

Stock market today: BSE Sensex opens over 100 points up; Nifty50 above 22,850
Market specialists anticipate continued restoration within the quick time period. (AI picture)

Stock market right now: Indian fairness benchmark indices, BSE Sensex and Nifty50, opened in inexperienced on Wednesday. While BSE Sensex was above 75,300, Nifty50 was above 22,850. At 9:18 AM, BSE Sensex was buying and selling at 75,356.88, up 56 points or 0.074%. Nifty50 was at 22,861.55, up 27 points or 0.12%.
Indian inventory markets rallied strongly on Tuesday, with the uptick aligned with optimistic world market developments. Investors await the US Federal Reserve’s financial projections and statements for future route.
Market specialists anticipate continued restoration within the quick time period, supported by beneficial world indicators and opportunistic shopping for at diminished worth points.
Dr. V Okay Vijayakumar, Chief Investment Strategist, Geojit Financial Services mentioned, “The huge query in buyers’ minds is: will the market rally proceed? The optimistic home macros favour continuation of the rally. If FIIs proceed to purchase, the rally can maintain, but it surely stays to be seen. The exterior elements proceed to be damaging and vastly unsure. April 2nd and reciprocal tariffs will not be far-off. The market will probably be weighed down by the uncertainty on that entrance. A major function of yesterday’s rally is that it was led by fairly-valued, domestic-focused segments like main financials. This development can proceed. Beaten down shares within the mid and smallcap segments even have bounced again. There is extra steam left on this section, too, regardless that the valuations within the broader market proceed to be excessive. Investors can watch for higher readability to emerge on the sustainability of the continuing development. Domestic-focussed themes proceed to be protected bets.”
Also Check | Top shares to purchase right now: Stock suggestions for March 19, 2025
US equities declined on Tuesday, ending two days of good points. Investors remained cautious earlier than the Federal Reserve’s financial coverage announcement and assessed potential results of President Trump’s commerce insurance policies.
Asian markets confirmed resilience regardless of US market declines, the place vital promoting of main know-how shares indicated diminished danger urge for food for US property. Gold reached new historic highs.
Crude oil costs decreased on Wednesday following Russia’s acceptance of the US President Donald Trump’s suggestion for a short lived halt in mutual power infrastructure assaults between Moscow and Kyiv, probably rising Russian oil availability in world markets.
Foreign portfolio buyers shifted to web purchases of Rs 694 crore on Tuesday. Domestic institutional buyers acquired shares valued at Rs 2,535 crore.
FIIs’ web quick place decreased from Rs 1.71 lakh crore on Monday to Rs 1.41 lakh crore on Tuesday.



[ad_2]

0 Votes: 0 Upvotes, 0 Downvotes (0 Points)

Follow
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...