Rapidly open stock market, 900 points climbed Sensex, Nifty beyond 42550, 5% jumped Adani ports


Stock Market Today: Indo-Pakistan stress and global movement, the Indian stock market opened up on the last trading day of the week i.e. 2 May 2025 on Friday. The Sensex was trading at 80,679.58 at around 9.30 am by climbing 437.74 points, or 0.55 percent, at 80,679.58. While the Nifty was also seen boom and it rose to 93.35 points i.e. 0.38 percent to 24,427.55. But at 10 am, the BSE Sensex came at 81,109.72 at 10 am, while the NSE Nifty came to the level of 24,582.10 after a gain of 247.90 points in 50.

The BSE Sensex saw a rise of about 4% in the BSE Sensex between the US tariffs and the Indo-Pak tension last month i.e. in April. The return of foreign institutional investors (FIIs) in the domestic market, more rainfall estimate in the southwest monsoon and the possible expectation on the Indo-US trade agreement have emphasized this positive perception.

After the decline in the market in the last few months, the softening of the assessment of shares also promoted the purchase afresh. The BSE’s 30 -share standard index Sensex increased a total of 2,827.32 points i.e. 3.65% last month, while BSE index Nifty rose 814.85 points i.e. 3.46%.

Strong performance of the market last month

In the midst of this boom, investors’ assets increased by Rs 10.37 lakh crore to Rs 4,23,763.25 crore ($ 4.98 million) in April. This is the second consecutive month when the Sensex and Nifty have closed with an edge. Even in the month of March, the Sensex saw a rise of 4,216.82 points i.e. 5.76% and the Nifty 1,394.65 points, or 6.30%.

An expert stated that the markets performed well last month due to a decrease in risks related to US customs, a potential US-India trade agreement and strong FII flows. Puneet Singhania, director of the Master Trust Group, says- ‘Despite global concerns and tension with Pakistan, many factors were helpful for the strengthening and rapid jump of the Indian stock market in April. In the last few months, the evaluation of the market declined due to the decline in the market, which resumed the purchase activity.

In addition, the US was also promoted with temporary ban on customs and the onset of possible trade talks with countries. Puneet Singhania, director of the Master Trust Group, says, “It is seen after a long selling of foreign investors that FIIs became a pure buyer of Indian equity in April.”

Market gets force due to repo rate cut

Singhania said that by cutting the repo rate of the Reserve Bank by 0.25% and converting the policy stance from ‘neutral’ to ‘liberal’ also strengthened the market perception. VK Vijaykumar, the main investment strategist of Geojit Investments Limited, said, ‘The market is an astonishing way to see flexibility. The Nifty is up in April even after the events related to counter-duty and increased tension between India and Pakistan. This S tells that there is no need to panic during the crisis.

On the possibility of market boom in May, Singhania said that it will be determined to a large extent from the quarterly results of companies and the situation on the border. He said, “Investors will also monitor the developments of the US market, as it can have a significant impact on emerging markets like India.”

Also read: Gold falling after reaching record high woke up again, know what are your cities on April 2, 2025,



Source link

support@headlinenews360.com

Related Posts

Poonam Gupta takes charge as RBI deputy governor – Times of India

Govt has appointed PoonamGupta as deputy governor of RBIfor a three-year term beginning May 2. She fills the vacancy left after Michael Patra retired on Jan 15. Her entry has…

Focus is on logistics chain, not just ports: Karan Adani – Times of India

THIRUVANANTHAPURAM: The flagship of the Adani Group, Adani Ports & SEZis transforming into a transport utility player, with a presence in every aspect of the business and not limited to…

Leave a Reply

Your email address will not be published. Required fields are marked *