Stock Market Today: BSE Sensex and Nifty 50, Indian Equity Benchmark Indege started a tingling to trade on Tuesday morning. At 9:21 am, the BSE Sensx was trading 89 points or 0.11%below at 79,319.57. Nifty50 at 24,107.05, 19 points or 0.077%below.
The markets continued to projection for the fifth straight day on Monday, supported by strong purchases in major shares and frequent foreign institutional investments. Market experts estimated the positive instincts to remain, supported by favorable domestic indicators and individual stock/sector movements during the season of the ongoing fourth quarter.
Dr. VK Vijaykumar, the main investment strategist, Geojit Investments Limited says, “The correlation between the US market during normal time is known as Mother Market, and other markets. But these are unusual times when there is no need to catch the general correlation. The US market was made yesterday yesterday on the news of a potential trump-pole tension affecting Fed’s freedom. Markets hate this. Powell has made it clear that it is going to develop the upcoming data and outlook which are now negative to the American economy.He also rejected the possibility of a ‘Fed Put’ in an interview with Raghuram Rajan recently. Therefore, disagreement between the President and the Fed chief resulted in some action of the mercury president, which could lead to a legal battle. This period of uncertainty is likely to be witnessed by the US market like EMS like India. Investors can focus on fundamental sound stock. Bank Nifty is likely to remain flexible. ,
US stocks saw a decline on Monday as President Donald Trump intensified his criticism by Federal Reserve President Geom Powell. This expressed concern about the central bank autonomy, while investors already struggle with the impact of Trump’s unexpected trade policies.
Asian equities declined at the beginning of trading after Trump’s in -depth criticism.
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Gold maintained its record-breaking pace on Tuesday, due to a possible economic downturn due to the fed criticism and business disputes by US President Donald Trump, and the safe-huge appeal increased.
Oil prices increased during Tuesday’s trading as investors demanded covering small positions after the previous loss, as despite the ongoing concerns about tariffs affecting fuel consumption and economic challenges from American monetary policies.
The FPI became a pure buyer for Rs 1,970 crore on Monday, while Dis bought shares worth Rs 246 crore.
FIIS’s pure short status declined from Rs 83,273 crore on Thursday to Rs 77,270 crore on Monday.
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