A statement by US President Donald Trump caused stir from the Indian stock market to international and commodity markets. There was a strong rise in the domestic market after Trump’s positive signals on India-US trade deal. In early trade, BSE Sensex rose by about 850 points to reach the level of 82,750, while Nifty was seen trading above 25,385 with a gain of about 270 points or 0.9%. Top gainers include Dr. Reddy’s, Tata Motors PVs and Adani Green Energy. Trump’s soft stance on the Greenland issue also strengthened global sentiment. Dow futures rose nearly 80 points, while Japan’s Nikkei jumped nearly 900 points. The Indian market will also react to corporate results today, where Eternal’s results were strong and results of many companies including Adani Energy, Coforge, Mphasis, Bandhan Bank are to come. However, the commodity market remained under pressure, where MCX Gold fell by 1.9% and Silver declined by 3.4%. Rupee opened 17 paise stronger at 91.53 per dollar.
There was a storm in the market due to Trump’s statement. Sensex +850, Nifty jumped. Gold-Silver Crash | Money Live | Trump’s statement triggers a massive market rally. Sensex jumps 850 points, Nifty surges | gold and silver crash
