Stock market today: Amid the ongoing tension in India and Pakistan on the border, on Thursday 8 April 205, the stock market is open and positive attitude in the Green Zone. In early trade, the Sensex has climbed 120 points while the Nifty is also open above 24,200. Tata Motors shares ran up with a three percent jump. Today the companies whose quarterly results are going to be monitored are Asian Paints, Titan and L&T.
Stock market boom
The standard index Sensex and Nifty closed with a slight increase a day earlier. BSE’s 30-share standard index Sensex climbed 105.71 points, or 0.13 percent, closed at 80,746.78 points at the end of the Sensex fluctuating trading. At one time during trading, the Sensex went up to the upper level of 80,844.63 points and came to a low of 79,937.48 points. The National Stock Exchange (NSE) standard index Nifty also rose 34.80 points, or 0.14 percent, closed at 24,414.40 points.
During the trading, the Nifty wandered between high levels of 24,449.60 and low levels of 24,220. Extensive market index also managed to overcome the major decline in the initial stages and closed with more than one percent gain. Ajit Mishra, research analyst of Railways Broking Limited, says that the business session started with a major decline after responding to the terrorist attack from military action. But later it was successful in compensating for rapid damage and closed with an edge.
Fed did not change interest rates
The US central bank US Federal Reserve did not make any changes in the major interest rates. He has described the risks of boom in inflation and Bejogari as a big factor behind this. This is the third time in a row when no change was made in the major interest rates by the US Federal Reserve. However, after this announcement of UAS Fed, the US market definitely saw a decline.
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