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Sensex Today: The ongoing tension between Indo-Pak was also affecting the stock market. But now after ceasefire, happiness has returned to the stock market. It is being said that as the tension work on the border, more can be seen in the market.
Sensex Today: After the announcement of ceasefire between India and Pakistan and reduced tension on the border, there was a tremendous rise in the Indian stock market. Global markets also received positive signs, especially the US-China business agreement strengthened the trust of investors. Analysts believe that if this trend continues, the market can touch new heights.
Ceasefire has a direct impact on the market
After the India-Pakistan ceasefire, there was a higher jump than expected in the stock market on Monday. The Sensex gained momentum with a gain of 1660 points, while the Nifty was seen trading beyond 24,500. Faith in investors returned and there was a tremendous rise in defense, banking and auto sector shares. Analysts believe that the political stability has brought new energy to the market.
Global signals also increased confidence
Positive signals received from international markets were also a major contribution behind the stock market boom in India. The announcement of the trade agreement between the US and China rose in global markets. Dow Jones and Asian markets such as Nikkei, Kospi and ASX 200 boom increased the trust of investors. The morning lead in the gift Nifty gave a gesture of a strong start.
Investors now eye on quarterly results
Now investors’ eyes are on the quarterly results of domestic companies and global economic figures. This week, the results of veteran companies like Walmart, Alibaba are to come and America’s inflation figures will also be released. Experts believe that if the stress is low and the quarterly results are better, then the market can be seen further.
