Stock Market Today: BSE Sensex and Nifty50, Indian Equity Benchmark Index, rose in opening trade on Thursday. While BSE Sensex scored more than 400 points, Nifty50 crossed 23,000 points. At 9:18 am, the BSE Sensx was trading at 75,829.02, up to 380 points or 0.50%. Nifty50 was up to 23,020.30, 113 points or 0.49%.
The stock markets continued their upward trend for the third consecutive season on Wednesday. The weak US dollar index contributed to the market profit. Analysts have projected further market recovery, supported by positive FII spirit and continuous domestic investments.
The main investment strategist of Geojit Financial Services, Dr. VK Vijaykumar says, “Fed rates are assessing low -growing and low inflation at 2.8% for 2025. It is more important. More important is that the Fed Chief’s comment is that the policy can be developed either. Ehsan will be declared.”
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American equities advanced on Wednesday following the Federal Reserve decision to maintain the current rates. Markets continue to assess the impact of tariff policies of President Trump on economic development and inflation.
After the Wall Street rally after the Federal Reserve, Asian Equities became stronger, indicating a possible rate cut to support development later this year, indicating that tariff-inspired inflation would be temporary.
Gold on Thursday reached a record level after the Federal Reserve indicated a hint of a reduction in a 50-base points’ potential interest rate reduction, leading to extending precious metal attraction between current geopolitical stresses and economic uncertainties.
FPIS on Wednesday recorded a net sales of Rs 1,096 crore, while domestic institutional investors acquired shares worth Rs 2141 crore.
The pure small position of the fishe was from Rs 1.41 lakh crore to Rs 1.28 lakh crore on Tuesday on Tuesday.
