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Sensex, Nifty Rise: After a strong performance last week, the Indian stock market continued its rally in this week; The main point investors should know
Sensex, Nifty Surge – Major factors behind today’s market boom
Why is the stock market increasing today? After a strong performance last week, the Indian stock market continued its rally in this week. After a strong on Monday, the frontline indices opened more on Tuesday. The Nifty started from 50 23,751 and reached a high level of 23,869, leading to its winning line in seven consecutive sessions. In this period, the index has increased by 1,472 points or about 6.55%.
At its Intrade High, the BSE Sensx rose over 750 points, crossing 78,700, while the Nifty climbed above 23,850 to above 10:00 am.
After closing at 23,658 on Monday, the Nifty became positive for 50 years, crossing 31 December, 2024, closing the level of 23,644. Similarly, the BSE Sensex opened more at 78,296 and hit an intraday high of 78,741.
Nifty 50, Gets Green in Bank Nifty YTD
In the last seven sessions, the index has now increased by 4,900 points or more than 6.65%, it has also changed positive for the year by crossing its previous completion level of 78,139.
Banking stocks saw strong purchases from the initial bell. The bank opened on the Nifty Index 51,874 with an inverted difference and climbed the Intrade high of 52,063. It has now secured 4,000 points or more than 8.30%in the last seven sessions. The index is already trading up a high year-by-year, which is more than December 31, 2024, which is close to 50,860.
However, broad markets faced some sales pressure in early trade. The BSE Small-Cap index decreased by about 1%, while the mid-cap index declined by about 0.50%.
Many factors are running the running market rally. Experts credits the benefits for the expectations of the RBI rate cut after the US Fed meeting, strong purchases by domestic and foreign institutional investors, and Morgan Stanley’s positive attitude on Indian economy and inflation. Additionally, recent comments by US President Donald Trump suggest that all have not been threatened that auto tariffs will not be implemented on 2 April.
A reversal in India’s GDP is also expected to support better Q4 results in 2025. Experts highlighted that more than six lakh new retail investors joined the market last week, contributed to a fast rally in Indian equity.
Bazaar rally chief driver
Lowering tariffs worries: US President Donald Trump improved the investor spirit after indicating a more flexible approach to the tariff, hoping that India could get some concessions. However, analysts advised to take precautions, given that clarity emerges only after April 2. “When speed bulls are in favor, there is no strong fundamental support for a continuous rally, especially with the risk of mutual tariffs,” said VK Vijaykumar, the main investment strategist in Geojit Financial Services.
Fii inflows: Foreign institutional investors (FII) replaced pure buyers, bought equity worth Rs 3,055.76 crore on Monday. “Recently, the strength of the market has been powered by a renewed purchase in the cash segment and in the derivatives,” said Ajit Mishra, SVP, Research, Religre Broking Limited.
Global signs: Positive global market trends further promoted domestic equity. S&P 500 closed at a high level of two weeks, increased by 1.76%, while NASDAQ operated by Navidia and Tesla increased 2.27%. Dow Jones Industrial Average 1.42%Advanced. Asian markets showed mixed trends, with Japan’s Nikkei 225 trading higher, while Shanghai and Hong Kong posted the deficit.
IT sector rally: IT Stock continued its upward speed for the fourth consecutive season, with the Nifty IT index more than 2.3%. All ten index composes were in Green, headed by HCL Tech, L&T Technology Services, Koforge and MPHASIS. Analysts blamed the rally to improve global demand and improve Trump’s soft tremus on tariffs.
Strong Rupee: The Indian rupee opened at 85.58 against the US dollar, reaching a height of three months before settling at 85.64. According to Reuters, the currency has been on the eight-day winning line, which is supported by a strong dollar influx and profit repatriation from the intercourse borrowings.
technical approach
Anand James, the main market strategist at the Geojit Financial Services, said that “the next target of the Nifty is within access to the access.
Will the market rally continue?
Speaking on the approach of the Indian stock market after this rally, Arun Kejriwal, founder of Kejriwal Research and Investment Services, said, “Not much has changed except for the technical aspects of the markets. The following important event tells about trading for tariffs for tariffs for trading on April 2. It is understood in markets.
Disclaimer:Disclaimer: In this news18.com report, the ideas and investment tips of experts are their own and not the website or its management. Users are advised to investigate with certified experts before making any investment decisions.
