Share Market: There is tremendous growth in the Indian stock market. There is a rise of more than 2 percent in both Nifty and Sensex.
Share Market Today: US President Donald Trump announced to reduce the tariffs imposed on India, after which a tremendous rise is being seen in the Indian stock market. There is a tremendous rise in Nifty and Sensex. Today is also the expiry of Nifty-50. Sensex is also trading above 2400.
Today on Tuesday, as soon as the stock market opened, a jump of more than 3 percent was seen in the market. There is a lot of bullishness on the shares of many sectors also. The biggest rise is being seen in the stocks of sectors like IT, textile, pharma, auto. A huge decline was also recorded in these shares due to increase in tariff.
Tremendous boom in IT sector
US President Donald Trump has agreed to a trade deal with India and announced to reduce the tariff on Indian shipments from 25 percent to 18 percent. Because of which the maximum growth is being seen in the IT sector. Apart from this, there is a tremendous rise in the shares of Adani also. Some shares are running above 10 percent. That is, it can be said that after the trade deal, the confidence of Indian investors has become stronger.
Foreign investors expected to return
The budget of the Modi government was presented on Sunday, 1 February, on that day a huge fall was recorded in the stock market. Rs 10 lakh crore of investors were lost in a single day. But today a tremendous surge has been seen. There has been an increase of more than Rs 13 lakh crore in the net worth of investors. Experts believe that the foreign investors who were staying away from the Indian stock market are expected to return again.
Highest rise in these sectors
- Adani’s shares are seeing a rise of more than 10 percent.
- Indigo and Bajaj Finance rose by more than 5 percent.
- Shares of textile companies have increased by 18 percent.
- There is a rise of more than 10 percent in the shares of energy sector.
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