Today Share Market Opening: The start of the Indian stock market today on Thursday has been very strong and excellent. BSE’s 30-share important index Sensex opened with a spectacular rise of 338 points at the level of 74947. At the same time, NSE’s main index of 50 shares Nifty also rose by 117 points to reach the level of 23530. This strong start has brought a very positive and good news for investors.
This initial rise has been seen in the domestic market due to positive signals from the global market. However, the ongoing tension between America and Iran and continuous selling by foreign investors is still a matter of concern. Despite this, Gift Nifty is seen trading at the level of around 23,540. This is about 78 points above the previous closing level of Nifty Futures which is a very good sign for the market.
Indian stock market status last day
On Wednesday, the Indian stock market had completely stopped its decline of four consecutive days. Despite limited gains, the market was successful in closing positive in the green. Sensex rose 49 points to 74,608 and Nifty closed 33 points higher at 23,412. A mixed but very positive trend is being seen in Asian markets today. Japan’s Nikkei 225 index is trading with a gain of about 0.66 percent. South Korea’s Kospi strengthened by 1.63 percent and there are bullish signals from Hong Kong’s Hang Seng.
Trump and Jinping meeting
The market’s eyes are fixed on the important meeting between US President Donald Trump and Chinese President Xi Jinping. Investors have full hope that this important meeting will lead to a huge improvement in US-China relations. These positive signals are expected to bring a new and big rise in the stock markets around the world.
Important levels of Nifty-Sensex
According to experts, 23,350 will be the first and 23,250 will be the next strong support level for Nifty. There is a very strong resistance for Nifty between 23,500 and 23,600. Experts say that new momentum will come only if it closes strongly above 24,000 and support will remain at 23,000. Sensex is below 75,000 which is being considered a sign of weakness but if it goes above it there will be a rise. For this, 75,500 to 75,700 will be the next big resistance and the immediate support remains 74,500. If support is broken, a huge fall to 74,200 and then 74,000 is also possible.
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