Share Market Update: Sensex rose by 400 points, Nifty rose by 150 points, metal and auto shares rose…

Share Market Update: Today, on March 17, there is a boom in the stock market. Sensex is trading at the level of 75,900, which has increased by about 400 points. Nifty is also trading at the level of 23,550 with a gain of about 150 points. Today, there is a rise in the shares of metal, energy, banking and auto sectors.

Asian Market Update

  • South Korea’s KOSPI index is trading at 5,695, which has increased by 2.63%.
  • Japan’s Nikkei index is trading at 54,013, with a decline of 0.50%.
  • Hong Kong’s Hang Seng index is trading at 26,043, an increase of 0.80%.
  • China’s Shanghai index is trading at 4,083, which has declined by 0.03%.

There was a decline in American markets

  • Dow Jones closed at 46,946, an increase of 387 points (0.83%).
  • The tech-heavy Nasdaq Composite closed at 22,374, a decline of 1.22%.
  • The S&P 500 index closed at 6,699, a decline of 67 points (1.01%).

There was a rise in the Indian market yesterday

Earlier, yesterday on March 16, a strong rise was seen in the stock market. The index closed at the level of 75,502, which was a jump of 938 points. Nifty also saw a rise of 257 points and closed at the level of 23,408.

What to do and what not to do during bull run in stock market

Be patient while investing during the boom

When there is a “Bull Run” (continuous bull run) in the stock market, the enthusiasm of investors increases a lot. But, this is also the time when most mistakes are made. Seeing the market boom without thinking and investing without proper consideration can prove to be harmful.

Avoid buying at every rise in the market

During a bull market, many stocks start selling at prices much higher than their intrinsic value. Therefore, investing in every rising stock is not a wise strategy. To reduce risk, it is better to adopt a phased investment strategy—such as a Systematic Investment Plan (SIP) or investing little by little.

When there is profit, it is necessary to withdraw it (Profit Booking)

When the market is bullish and your stocks are giving good profits, it is important to keep withdrawing small profits from time to time. With this, your accumulated profits remain safe and if the market declines later, the possible losses are also reduced.

Adopt stop-loss orders and portfolio diversification

Even during bullish times, there is still risk in the market. Therefore, it is very important to set a “stop-loss” for every investment and not to invest too much money in any one sector or stock. Dividing your investment portfolio into different sectors is a wise strategy.

Stay away from rumors and tips on social media

During bullish times, the market is often filled with false tips and rumors. Especially new investors often become victims of such misinformation. Therefore, always take your investment decisions based on reliable information and thorough research.

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