Indian Share Market March 25 Update Sensex increased by 800 points NFT crossed 23150 Asian indicators and oil prices decreased
The Indian stock market made a strong start on March 25. A bullish trend was seen in early trade itself, where positive signals from Asian markets and expectations of easing global tensions boosted investors’ buying. As soon as the market opened, both Sensex and Nfty recorded an increase, which showed the confidence of investors.
The BSE Sensex consisting of thirty shares opened higher and maintained its trend in early trade. The Sensex opened at 74,652 with a rise of more than 600 points, whereas in the previous session it had closed at 74,068. At around 9:20 am, Sensex was trading at 74,885, up by more than 816 points.
National Stock Exchange’s NFT also opened with a rise and crossed the level of 23,000. NFT opened at 23,064 and within some time reached 23,181. This was an increase of approximately 269 points, which in percentage terms is approximately 1.17 percent. This performance of NFT reflects the prevailing trend in the market.
US President Donald Trump’s statement was the main reason behind this rise in the global market. He said that talks are going on to end the ongoing conflict in West Asia. This statement gave hope among investors that tensions in the region might reduce. After this there was an increase in purchasing due to which the market remained bullish.
A positive trend was also seen in Asian markets, which had an impact on the Indian market. The markets of Japan, South Korea, China and Australia opened with growth. Japan’s Nikkei 225 was trading up by about 2.9 percent and South Korea’s Kospi was up by about 3.05 percent.
A decline was seen in the US market during the last session. The S&P 500 and Dow Jones Industrial Average recorded modest losses, while the NASDAQ composite also closed lower. Despite this, the boom in Asian markets supported the Indian market.
Crude oil prices have come down in the world market. The price of Brent crude fell below $100 per barrel and was trading around $98 per barrel. The decline came on expectations of an easing of tensions in West Asia, which eased supply-related concerns.
The fall in crude oil prices directly impacts an earning country like India. This may reduce the pressure on inflation and stabilize the prices of petrol and diesel. With this, the confidence of investors in the market has also increased.
Activity is also continuing in the IP market. Investor interest has been seen in the IPs of Aamir Chand Jagdish Kumar Exports and Sai Parental. On the first day, the IP address of Amir Chand Jagdish Kumar Exports was subscribed 1.26 times, while the IP address of Sai Parental remained slow.
New IPs are also coming into the market in the SIM segment. Hynes Micro Electronics’ IP also received good response and has been subscribed 1.35 times.
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