Share market today: The Indian Equity Benchmark Index BSE Sensex and Nifty-50 saw a tremendous rise in the stock market on Monday. The BSE Sensex went beyond 74,800, while the Nifty went above 22,650 in Intrade.
The BSE Sensex closed at 74,227.08 with a gain of 1,089 points or 1.49 percent. Similarly, the Nifty-50 closed at 22,535.85 with a jump of 374 points or 1.69 percent. Nifty Auto, IT, Realty, Metal also did a fierce business. In these, 1.2-2.5 percent lead was recorded and with this, the process of decline of three days also stopped.
How long will instability remain in the global market?
Speaking to the Economic Times, Dr. VK Vijaykumar, Chief Investment Strategist of Geojit Financial Services, said, “The increased uncertainty and volatility in the global market will remain for some more time. There have been some important indications from this upheaval such as the trade war is going to be limited between America and China. Many other countries like European Union and Japan have opted for dialogue. India has already started talks with America on bilateral trade agreement (BTA). ”
He further said, “The second thing is that the possibility of recession in America has increased. Thirdly, China is most likely to be affected by tariffs. If the threat of the trump of imposing 50 percent and tariffs on China is implemented, then this will almost stop the sugar exports to the US. Fourth, China will try to dump its products like metals in other countries. ”
Investors in weight and watch mode
He further said, “Investors can stay in weight and watch mode for some time because the situation will take time to be clear. Since, India’s macroose is a place. We can proceed at the rate of about 6 percent in FY 26, the valuation of largecap is also fine, so we can think of investing in long -term investors high -quality largecaps. Since, there is no possibility of putting tariffs on Trump’s pharmaceuticals, so these stocks can be bet on. ”
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