By Admin 
Share Market Today: After the huge fall on Monday, the first trading day of the week, a strong recovery is being seen in the stock market today. BSE’s 30-share sensitive index opened at 74212.47 with a gain of 1516.08 points or 2.09 percent. Similarly, Nifty started trading by rising 346 points or 1.54 percent at 22858.65.
There was a huge decline in the Indian stock market on Monday. By the end of trading, both the major indices saw a huge decline. On one hand, Sensex fell by 1836.57 points or 2.46 percent and closed at 72696.39. On the other hand, Nifty fell by 601.85 points or 2.60 percent to 22512.65.
today’s top gainers
Today in early trade, shares of Shriram Finance (4.03 percent), Eicher Motors (3.12 percent), Asian Paints (3.03 percent), Indigo (2.66 percent) are seeing a rise. The good thing is that today all the sectors from auto to banks, pharma, energy, PSU banks are trading in the green with a growth of 1-2 percent. HDFC Bank shares are also seeing a rise.
Reasons for the rise in stock market today
- US President Donald Trump said that he has asked the US military to postpone attacks on Iran’s power and energy infrastructure for the next five days. According to reports, this decision was taken after recent talks between American and Iranian officials. Trump’s statement indicates that he now wants to resolve the dispute through diplomacy instead of war. Due to this, confidence among investors is increasing again that war will be averted and risks will be reduced.
- As soon as Trump hinted at postponing attacks on Iran’s oil and energy facilities, crude oil prices in international markets fell by more than 14 percent. This is a good news for India, which is heavily dependent on oil imports.
- Meanwhile, HDFC Bank has also appointed two law firms for an external investigation after the resignation of the former chairman. After this order, recovery of up to 2 percent is being seen in bank shares.
Asian market
Asian markets are also seeing a rise on Tuesday. Japan’s Nikkei 225 is trading up by 2.2 percent. An increase of 2.47 percent was also seen in Topics. South Korea’s Kospi gained 3.5 percent, while the KOSDAQ index rose 3.29 percent. Australia’s S&P/ASX 200 also rose. An increase of about 0.74 percent was seen in this.
American stock market
Wall Street closed with gains on Monday. The Dow Jones Industrial Average closed at 46208.47, up 631 points or 1.38 percent. The S&P 500 jumped 1.15 percent and closed at 6581.00. Similarly, Nasdaq Composite also rose by 1.38 percent and closed at 21946.76.
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