Stock Market Opens With Huge Gains, Sensex Up More Then 450 Points

Stock Market Opening: The domestic market was also supported today due to the effect of the rise in global markets and the fast opening of the pre-opening indicated that after yesterday’s fall, the domestic market may open on a high today and it happened. The Sensex has started on the rise of more than 450 points. Today, the BSE Sensex started trading at 58,258.91 with a jump of 470.88 points, or 0.81 percent, and it is visible only on a rise of 450 points in the opening minutes. Apart from this, if you look at the Nifty, it has started with a rise of 151 points at the level of 17373.

market in pre-opening
Before the market opened, the Sensex was trading at 58,243.43 with a gain of 455.4 points or 0.79 per cent in pre-opening. On the other hand, after a jump of 151 points in Nifty, trade is being seen at 17373.

The impact of the decisions of the US Federal Reserve
Despite the decisions of the US Federal Reserve yesterday, there was a great rally in the US markets yesterday. The Fed has not decided to increase interest rates at the moment, but the decision to increase interest rates 3 times for the next year i.e. 2022 also did not stop the growth of US markets. The Dow Jones gained 383 points yesterday and the Nasdaq was up 1.6 percent. Apart from this, the business has closed with a jump of close to two and a half percent in the S&P 500.

Bullish trend in Asian markets today
The effect of yesterday’s spectacular rise in the US markets is also being seen on the Asian markets today. All Asian markets are trading today with a green mark of bullishness. Hangseng, Kospi, Taiwan, Shanghai and Strait Times are leading. Japan’s Nikkei is trading with tremendous speed in today’s business. Talking about the SGX Nifty of the Indian market, it has remained at the level of 106 points i.e. 17357 even before the pre-opening and after yesterday’s decline, this trend can be considered a good sign.

Indian markets closed on Wednesday for the third consecutive day
The domestic market recorded a decline for the third consecutive day on Wednesday. The BSE Sensex closed at 57,788.03, down 329.06 points, or 0.57 per cent, while the Nifty 50 closed at 17,221.40, down 103.50 points, or 0.6 per cent.


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