By Admin 
Stock Market Rally: The effect of positive expectations created by the tariff deal between India and America is clearly visible in the stock market on Tuesday. As soon as the business started, the market has gained tremendous momentum. Sensex opened at 85,323.20 points, while Nifty 50 started the day at 26,308.05.
Within a short time of opening of the market, such a rise was seen that the Sensex jumped by 4,200 points or 5.1 percent to reach an intra-day high of 85,871.73. At the same time, Nifty 50 also reached 26,341.20 level with a gain of 1,252 points or 5 percent. Investors got the direct benefit of this boom and within just 15 minutes their wealth increased by about Rs 13 lakh crore.
condition of stock market
With the start of trading, all-round strength was seen in the stock market. All the major sectoral indices of Nifty were seen trading in the green. During this period, there was maximum growth in the real estate sector. A rise of more than 4 percent was seen in the Nifty Realty Index.
Apart from this, tremendous growth was also seen in shares of auto, infrastructure, consumer durables, IT and metal sectors. The banking sector has also worked to support the market momentum. Nifty Bank jumped more than 2.5 percent.
reason behind the boom
There have been many important reasons behind the recent rise in the stock market. Due to which the morale of investors has increased. First of all, the EU-India trade deal gave a positive direction to the market sentiment.
After this, the budget supported the market and now after the finalization of the India-US trade deal, there is tremendous enthusiasm in the market. Due to which there has been a stormy rise in the stock market.
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