Mumbai17 minutes ago
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There is a rise in the stock market today i.e. on 24th March. Sensex is trading at 73,700 with a rise of 1000 points (1.33%). At the same time, Nifty has also increased by 350 points (1.62%), it has reached 22,870. Today there is maximum buying in banking and auto shares.
Today, out of 30 Sensex stocks, 29 are rising and 1 is declining.
Big reason for market growth
US President Donald Trump has said that any military attack on Iranian power plants has been postponed for five days. Trump has taken this decision after talks between America and Iran in the last two days. This has created positive sentiments in the market.
Now know the condition of global market and crude oil…
1. Asian market also booming
- Japan’s Nikkei index is trading 0.77% higher at 51,910.
- South Korea’s Kospi index has climbed 1.74% to 5,500.
- Hong Kong’s Hang Seng index rose 1.45% to 24,735.
- China’s Shanghai Composite Index is up 0.95% to trade at 3,849.
2. American market remained bullish on March 23
- The Dow Jones gained 631 points (1.38%) to close at 46,208.
- Tech-based index Nasdaq Composite rose 1.38% to close at 21,946.
- The S&P 500 index rose 74 points (1.15%) to close at 6,581.
3. Crude prices rose 4% to $ 104 per barrel
Crude oil prices are rising today amid the 5-day pause in the ongoing war between America and Israel with Iran. Brent crude is trading above $104 per barrel, up 4% today. At the same time, the prices of Indian basket have come up to $ 150 per barrel.
Yesterday, when US President Donald Trump said that any military attack on Iranian power plants and energy infrastructure will be postponed for five days, crude oil fell from $ 113 to below $ 100. However, today it is gaining momentum again.
Sensex fell 1837 points yesterday and closed at 72,696.
There was a big fall in the stock market today i.e. on 23 March. Sensex closed at 72,696, down 1837 points (2.46%). At the same time, Nifty also declined by 602 points (2.60%), it closed at 22,513. Banking, auto, metal and FMCG shares declined more.
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