Mumbai11 minutes ago
- copy link
There is an increase in the stock market today i.e. on 1st April. Sensex is trading at 73,800 with a rise of 1800 points (2.60%). At the same time, Nifty also has an increase of about 550 points (2.50%), it is trading at 22,900. Today there is more buying in auto, IT, metal and banking shares.
2 main reasons for market rise
- Signs of ending tension in Middle East: US President Donald Trump has said that the ongoing war with Iran could end in the next 2 to 3 weeks. He claimed that America has achieved its target and the operation is in the last stage.
- Impact of good signals from global market: Good signals from markets around the world have increased investor confidence. Almost all major Asian markets remained in the green with gains in early trade.
Asian market also booming
- Japan’s Nikkei index is trading at 53,160, up 4%.
- South Korea’s Kospi index is trading at 5,370, up 6%.
- Hong Kong’s Hang Seng index is trading 2% higher at 25,280.
- China’s Shanghai Composite Index is trading 1.50% higher at 3,940.
American market increased on March 31
- The Dow Jones rose 1,125 points (2.49%) to close at 46,341.
- Tech-based index Nasdaq Composite rose 3.83% to close at 21,590.
- The S&P 500 index rose 184 points (2.91%) to close at 6,528.
Crude rose 1% to $ 105 per barrel
Today the price of crude oil has increased by 1%, it has increased to $ 105 per barrel. Before the Iran war started on February 28, crude oil prices were around $70 per barrel.
There was a decline in the market on March 30
Earlier on March 30, the Sensex had closed at 71,948 with a fall of about 1636 points (2.22%). At the same time, Nifty also declined by 488 points (2.14%), it closed at the level of 22,331. Yesterday i.e. on March 31, the stock market was closed due to Mahavir Jayanti holiday.
Source link
[ad_3]
