By Admin 
- Domestic stock market rose for the second consecutive day, Asian market also strong.
- IT stocks rise on Micron results, US futures strong.
- Heavy fall in crude oil prices, US dollar rises.
Share Market Today on June 25: Today, the rising trend in the domestic stock market continues for the second consecutive day. On one hand, Sensex jumped 399 points and opened at the level of 77391. At the same time, Nifty 50 also increased by 104 points and started trading at the level of 24125.
rise in IT shares
There was a bumper surge in Asian markets today in view of the excellent results of American chipmaker Micron and the excellent earnings outlook of Qualcomm. Japan’s Nikkei 225 index rose by 3.37%. Its effect was also seen on the Indian stock market today. Today the shares of Indian IT giants TCS, Infosys and Wipro are seeing a rise.
Asian market
Today, amazing growth is being seen in Asian markets. Asian markets are trending strongly after recovering from the decline of the last two days on the back of excellent results of American semiconductor company Microm, blockbuster earnings outlook of chip maker Qualcomm and huge demand in the Artificial Intelligence (AI) sector. During this period, a rise of 3.37% is being seen in Japan’s Nikkei 225 index. South Korea’s Kospi has also jumped by 4.89%-5.5%. Hang Seng is also trading with a gain of 0.3%. China’s Shanghai Composite is also on the green mark.
wall Street
Today, on June 25, a boom is also being seen in the American futures market. S&P 500 futures and Nasdaq 100 futures are up 0.5% and 1.9%, respectively. Futures related to Dow Jones Industrial Average saw an increase of 29 points, or less than 0.1%. Investors in America are eagerly waiting for the inflation data coming today and tomorrow. This will be an important parameter for setting interest rates by the Federal Reserve.
price of crude oil
Today, a huge decline is being recorded in the prices of crude oil in the international markets. Today Brent crude has fallen by about 1.52% to the level of $ 72.40 per barrel. At the same time, West Texas Intermediate (WTI) crude is trading in the range of $ 69.15-69.30 per barrel with a weakness of 1.6%. A major decline in prices is being seen due to progress in the ongoing peace talks between America and Iran and normalization of movement of ships and tankers through the Strait of Hormuz.
us dollar
The US Dollar Index (DXY) rose 0.05% today to 101.64. This index assesses the strength or weakness of the US dollar against the six major currencies of the world. This basket includes currencies like British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc. On June 24, the rupee strengthened by 0.08% and closed at 94.66 against the dollar.
Also read:
Mutual Fund: Start investing with just Rs 100, withdraw money whenever you want, option of Zerodha Mutual Fund will be available directly on Swiggy