By Admin 
Indian Stock Market News: There was an increase in the third consecutive trading session in the Indian stock market. The BSE Sensex index saw a rise of 582 points, while the Nifty 50 index went over 25,000. The trading day of Monday saw a tremendous jump in IT and banking sector shares. Investors gained a lot of benefit in this rapidly in the stock market. The market got support from the positive signal from global markets. According to market experts, there can be many reasons behind this speed.
1. Tremendous purchases in IT shares
In the trading day of Monday, tremendous purchases were seen in the shares of IT companies. Investors placed bets on IT shares. All 10 shares of the Nifty IT index were trading in the green mark. Also, in the business session, the Nifty IT index saw a rise of up to 1.6 percent.
2. Shopping in banking sectors
Investors continued the purchase in banking shares for the last 4 days on Monday. HDFC Bank and Kotak Mahindra Bank strengthened the banking shares and strengthened the market. Also, all 12 shares of bank Nifty saw a rise. In the last 5 days, there has been a rise of 3 percent in bank shares. Market experts believe that private sector banks can also do well.
3. Rupees strengthened
The Indian stock market started well on Monday. Both major indexes opened with green mark. In early trade, the rupee gained five paise to 88.74 per dollar. Which shows a gain of 5 paise as compared to the previous price. The Indian market got support in the rupee rapidly and it saw a boom.
4. Positive changes of global market
The impact of the rise in the global market was seen on the Indian stock market. The Indian market supported the positive signal coming from the global market. Most of the markets in Asia were trading on the green mark in the morning trading. Japan’s Nikkei index saw a rise of 225 points.
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