support@headlinenews360.com
Indian Stock Market: The Indian stock market is returning bright again. During this business week, BSE Sensex and Nifty 50 saw an increase of about 6 percent. The hope of return of foreign investors, reduced inflation and better monsoon season has increased the confidence of investors.
The BSE benchmark Sensex climbed up 4,706.05 points i.e. a jump of 6.37 percent. Whereas during the four trading session in NSE Nifty, 6.48 percent i.e. 1452.5 points went up. After this, the assets of investors increased by Rs 25.77 lakh crore. With this, the total market capital of companies listed in BSE increased to Rs 419 lakh crore.
The stock market remained closed due to good Friday on Friday and after that it is closed due to Saturday and Sunday. Market experts say that the reason for the positive trend in such stock market is the arrival of foreign investment, the US break on tariffs for 90 days and relaxation of monetary policy from RBI.
Due to all these, despite so much uncertainties in the international market, the Indian market has helped in return. According to the provision exchange data, during the last two trading session, the Indian stock has been invested by about 1 billion dollars.
The market has also strengthened the Trump government’s decision to open the way of possible interactions with other countries along with the US government’s break on tariffs behind this positive signal in the market. This has given investors to investors amidst business tension and its effect is visible in the global stock market.
Apart from this, the Repo Rate cut of 25 basis points for the second consecutive time by the Reserve Bank of India has also increased the trust of investors. The most important thing is that RBI has changed its attitude and now made the market promoting the market instead of neutral. Its seven, in the month of March, the retail inflation rate has come to 3.34 percent, which is the lowest in the last six years. Reducing retail inflation means vegetable, eggs and other things related to protein to be cheaper.
Also read: What will GST be imposed on transactions above 2000 from UPI? Government responded
