Stock Market Today: BSE Sensex and Nifty 50, Indian Equity Benchmark indices continued their upward trend on Monday morning. While BSE Sensex crossed the 79,000 points, Nifty50 was close to 24,000. At 9:16 am, BSE Sensx was trading at 79,105.49, up to 552 points or 0.70%.Nifty50 was at 23,996.50, up to 145 points or up to 0.61%.
The markets showed positive pace last week, suggesting possible progress in business discussions, operated by optimism on tariff adjournment and product discounts. This week will focus on corporate results, with major firms, including HCL Technologies, Axis Bank, Hindustan Unilever and Maruti, have set their quarterly figures to release their quarterly figures.
Dr. VK Vijaykumar, the main investment strategist, Geoget Investment Limited says, “Even though the global economic landscape has turned into uncertainty, India looks relatively flexible. India is the only major economy that can also grow at a rate of 6% in a slow global economy. This, with a decreasing dollar, has the ability to attract more FPI flows in India in low runs. The Q4 results of HDFC Bank and ICICI Bank have the ability to carry bank Nifty to all -time high levels.FII will be focused on domestic consumption like financial, telecom, aviation, hotels, selection autos, real estate, cement and health care. Digital space also has the ability to move forward in growth stock. Due to the rapid recession expected in the US economy, it will be under pressure due to the development approach to the region. India’s possibility on an agreement with the US in the next few months is considered positive by the market. This advantage seen from the point of view of short -term market construction is India. ,
Also check this. Top Stock to Buy: Stock recommendations for the week starting from April 21, 2025
Trading in early Monday saw a decline in American stock-Index futures and dollars values, as the market participants were alerted with Trump’s Fed criticism, amidst American trade discussion with Japan and the European Union.
Oil prices declined by about 1% on Monday after progress in US-Iran nuclear discussions, which reduces concerns about lack of supply from significant Middle Eastern producer.
On Monday, on Monday, Gold dropped the US dollar at its lowest point in three years. Concerns about trade disputes between the US and its primary trading colleagues fulfilled the recession concerns, inspiring investors to take shelter in precious metal.
The US dollar declined significantly on Monday as the market confidence in the US economy weakened further after President Donald Trump’s proposed Federal Reserve reforms, which raised questions about the autonomy of the central bank.
Foreign portfolio investors were shifted to a net sales position on Thursday for Rs 4,668 crore. Domestic institutional investors acquired shares worth Rs 2,006 crore.
FIIS’s pure short status declined from Rs 86,069 crore on Wednesday to Rs 83,273 crore on Thursday.
