Share Market Today: The stock market has returned, the market made a good start with the bumper surge of Reliance.

Indian Share Market Today News: The opening of the domestic stock market on the first day of the week has been very good and positive. Asian markets were mostly traded in the green, which boosted investor confidence significantly. Earlier on Friday, the market had closed in the red with a huge fall. But today, due to the positive signals of Gift Nifty, the market has once again regained its vibrancy.

The direction of the market is completely dependent on many international and domestic factors. The most important thing in this is the progress in the ongoing peace talks between America and Iran. Representatives of Qatar and Pakistan have said that a deal will be finalized within 60 days. Apart from this, crude oil prices are also playing a big role in deciding the direction of the market.

Bumper jump in Sensex and Nifty

According to today’s latest data of the stock market, the 30-share Sensex of BSE is on a huge rise. Under the strong leadership of Reliance Industries, Sensex opened at the level of 77160 with a huge gain of 357 points. At the same time, NSE’s 50-share index Nifty also managed to open 93 points higher at the level of 24106. On Friday, Sensex fell 607 points to 76802 and Nifty fell 154 points to close at 24013.

Expert Trading Advice

Today, some market experts have given very important advice for the people investing in the market. Experts from leading institutions like Choice Broking and Anand Rathi have recommended 8 stocks for intraday trading. These mainly include stocks like Kalpataru Projects, Welspun Corp, Eicher Motors and Aster DM Healthcare. By buying these shares, investors can earn good profits in today’s bullish market.

Also read: Iran closes Hormuz Strait again: Crude oil market boils, Brent crude becomes more expensive by more than $1

RBI MPC and crude oil prices

The Monetary Policy Committee of RBI has taken an important decision to keep the current benchmark interest rates stable. This was done to exercise caution regarding rising inflation and economic growth due to US-Iran tension. Crude oil prices have increased due to a sharp decline in shipping traffic through the Strait of Hormuz. Brent crude futures rose 0.83% to $81.24 and US crude rose 2.04% to $77.40 a barrel.