Stock Market Today: Nifty50 and BSE Sensex, Indian Equity Benchmark Index, opened in Green on Monday. While Nifty50 was above 24,750, BSE Sensex increased by more than 200 points. At 9:17 am, Nifty50 was trading at 24,790.30, up to 72 points or 0.29%. The BSE Sensex was up to 81,337.74, 219 points or 0.27%.Market experts estimate continuous pressure due to international market conditions, while the performance of the individual sector will be affected by industry-specific development.The GEOJIT Investments Limited’s main investment strategist VK Vijaykumar says, “Uncertainty arising from the Israeli-Iran struggle has created a risk in global markets. Safe Heaven shopping is maintaining the gold firm but the dollar is weak. Interestingly, there is no panic in equity markets. The markets will only be severely affected when Iran closes the straight of the hormuz, which triggers raw raw spikes. This now seems to be a low probability event., “The previous experience tells us that the time has been buying opportunities for investors for a long time at the time of uncertainty and risk. The difference is that the risk has not triggered large sales in equity, which make their evaluation attractive. There will be high levels of high levels for the excess of funds in the mutual funds in the market landscape.,Asian stock exchanges started trading on a positive note on Monday, partially cured by the loss of Friday. Oil prices increased amidst the ongoing tension between Israel and Iran.Gold prices on Monday reached a two-month peak, as investors increased tension between Israel and Iran, raising concerns about a broad regional conflict, moved to safe-heven assets.Oil prices increased during the early Asian trading hours on Monday after mutual attacks between Israel and Iran on Sunday, increasing concerns about the Middle Eastern oil export and potential disruption in the possible broad regional conflict.Foreign portfolio investors on Friday sold shares worth Rs 1,263 crore, while domestic institutional investors were pure buyers for Rs 3,041 crore.The FIIS status in the futures market on Thursday increased to Rs 1.04 lakh crore due to a net reduction of Rs 99,478 crore.(Disclaimer: Recommendations and views on stock markets and other asset classes given by experts are their own. These opinions do not represent the views of Times of India)
