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Iran Israel War: After the attack on Iran by Israel, there is a huge tension atmosphere in the middle East at this time. However, in the meantime there are some factor which is in India’s favor and it is earning good special. This is the reason that today i.e. on June 20, the stock market saw a tremendous rise and the Sensex climbed 900 points. Due to this, investors have earned a tremendous amount of about five lakh crore rupees. This boom in the Sensex has been seen after the continuous decline for the last three days. In such a situation, let us tell you which are those factor, due to which India has earned so much.
RBI rules
The instructions issued by RBI regarding project financialing will be applicable to cooperative banks, NBFCs and all other banks. These instructions were issued by the Central Bank on Thursday, which will be replaced by a system in place of old rules. According to reports, the cost of funding in infrastructure and real estate projects will decrease and the lenders will be benefited.
Return of FII
The return of foreign institutional investors has supported the market. Domestic institutional investors have invested 2566 crores consecutive days for the twelfth day. Apart from this, US dollars have seen a decline in recent times. If the dollar is weak then the Indian currency gets direct benefit from it. India’s emerging market benefits from this and foreign capital is attracted.
Signs of US Fed Reserve
The US Fed Chief Jerome Powell may not have made any cut in interest rates at this time, but he has indicated the cut in interest rates 2 times by the end of this year. The GDP growth rate in the US is estimated to be 1.4 percent, while inflation estimates have also increased. The global market from America to Asia is definitely relieved by giving policy relaxation.
