Share Market Today: There is a strong rise in the stock market today on Monday. Earlier on Friday, Sensex-Nifty had closed with a rise. Today Sensex is trading near 85,430 with a jump of 500 points and Nifty is trading at 26,138 with a rise of 172 points.
There is a strong rise in all sectoral indices today. Purchasing of more than 1 percent has been seen in IT and metal sectors. Apart from this, an increase of 0.38 percent is seen in Financial Services, 0.63 percent increase in Auto, 0.29 percent increase in FMCG, 0.82 and 0.63 percent increase is seen in Media and Realty sectors. There are some important reasons behind this rise in the stock market.
FII continuous buying
Foreign investors continued huge buying in the Indian stock market on Friday also. FIIs bought shares worth about ₹1,830 crore. Buying for the third consecutive day has created a positive atmosphere in the market and increased the enthusiasm of investors.
Fed rate cut expectations
Investors hope that the US Federal Reserve may cut interest rates twice by 2026. Last week’s figures could not give a clear indication, but still the expectations of a rate cut are strong. US President Donald Trump has also talked about reducing interest rates rapidly.
positive global signals
Good signals have also been received from global markets. During trading, US futures were seen up by about 0.3%, which gave hope for the American markets to open in the green. Its effect was also visible on the Indian market and the confidence of investors got strengthened.
These are Nifty Top Gainers and Losers
Most of the stocks of Nifty 50 are seen in growth today. Among these, big stocks like Infosys, Shriram Finance, Hindalco, Wipro, Bajaj Auto, Tech Mahindra and Tata Steel are seeing good growth. Especially the shares of metal and IT sectors are being bought the most. The impact of the strength of the global market, domestic factors and continuous buying by FIIs is clearly visible on the market. Due to all these reasons the Indian stock market is touching new heights.
A rise is being seen in GIFT Nifty. It is trading more than 130 points above Friday’s close of Nifty futures. This means that the Indian stock market may open today with a gap-up i.e. a sharp rise.
Thanks to strong global signals, the market put brakes on four consecutive days of decline. Nifty closed near the day’s high today. The index registered a gain of 150 points and closed at 25,966. More than 40 stocks of Nifty closed in the green.
