Stock Market Today: Nifty50 and BSE Sensex, Indian Equity Benchmark index opened in Green on Wednesday. While Nifty50 went above 24,700, BSE Sensex was more than 200 points. At 9:22 am, Nifty50 was trading at 24,749.05, up to 65 points or 0.26%.The BSE Sensex was 81,409.82, 223 points or 0.28%.Market experts estimate the movement in a sidewalk after international development, especially American trade talks with India and China.Dr. VK Vijaykumar, the main investment strategist, Geoget Investments Limited says, “Spike in uncertainty and risk is unexpectedly affecting the market. Yesterday’s FII of the FII of Rs 10016 crore is a big reverse of their major purchase in May and if it has the ability to affect the market. What is the reason for this sudden reversal in FII activity? A combination of many factors may be responsible: the resulting spike in the yield of American sovereign debt downgrade and American bond yields, spikes in the Japanese government, growing Covid affairs in parts of India and a potential Israel attack on Iran are being rounded.Investors may wait and see to reveal events. ,“30-year-old JGB yield spiking US 30-year-year background sends a sense of discomfort to the financial markets before 5 % up to 3.14 % in the background of the yield.US stocks declined on Tuesday, ending the winning streak of six sessions of S&P500, which was impressed by concerns about the treasury yield and concerns about the US sovereign debt.Oil prices increased after CNN reports about American intelligence information indicating Israel’s preparation for possible attacks on Iranian nuclear facilities. Asian equities showed a positive movement on Wednesday.Oil prices rose over 1% on Wednesday following a report of Israel’s employed strike on Iranian nuclear facilities, triggering concerns about the disruption of possible supply in the important Middle Eastern production sector.Gold prices rose on Wednesday as the dollar fell at a two-week low, investors demanded a safe-heaven property amidst American fiscal uncertainty during the Congress discussion on the widespread tax law.Foreign portfolio investors on Tuesday recorded a net sales of Rs 10,016 crore, while domestic institutional investors were pure buyers for Rs 6,738 crore.The expansion of FII posts in Futures Market decreased by Rs 23,498 crore on Monday, which increased to Rs 38,748 crore on Monday.
