Share market regained its glory, Sensex and Nifty surged due to the news of secret talks between Iran and America.

Global Market Recovery Trends: Amidst the trend of improvement in the global market going on in the markets all over the world, tremendous enthusiasm is being seen in the Indian stock market on Thursday. The news of secret diplomatic talks for peace has created a new hope among investors, which has brought greenery back in the market. After yesterday’s huge fall, today’s start has been quite positive and both Sensex-Nifty are trading at important levels. Due to increasing confidence of investors in India, there is a buying environment since this morning, which has given new strength to the market.

Great start to the market

Thursday morning was full of happiness for the Indian stock market as BSE Sensex opened with a spectacular gain of 414 points at 79,530. At the same time, Nifty of National Stock Exchange also managed to score a century of rise and it was successful in opening at a strong level of 24,615, up by 135 points. In the pre-opening session itself, all the Sensex stocks were trading in the green, due to which investors felt some relief after yesterday’s heavy losses.

Relief news from Iran

The biggest reason for this sudden rise in the market is believed to be the news of secret diplomatic contact made by Iran to end the war. Due to these news, global investors felt that the ongoing tension in the Middle East may soon subside, which has significantly reduced the risk sentiment in the market. Its tremendous impact was also seen in Asian markets where Japan’s Nikkei and South Korea’s Kospi opened with a gain of more than 12 percent.

Positive impact of American market

Behind this strength of the Indian market, the huge rise in the American stock market last night has also played a very important and positive role. Buying led by technology stocks in Dow Jones and Nasdaq has given a new and better direction to market sentiments around the world. S&P 500 also closed with good gains due to which investors started investing very openly in the stock markets of Asian countries this morning.

movement in crude oil and gold

Concerns over crude oil supply still persist due to the ongoing conflict in the Middle East, leading to an increase of 2.38 percent in Brent crude prices. Brent crude has now reached $ 83.34 per barrel, while due to the slight fall in the dollar, gold prices are also rising in the international market. Spot gold is trading 0.5 percent higher at $ 5,164.57 an ounce, which has emerged as a safe investment in times of uncertainty.

Rupee status and future signals

Talking about the currency market, weakness was seen in the Indian Rupee against the Dollar and it has gone below the historical low of 92 for the first time. GIFT Nifty was also trading around 24,740, which is at a premium of about 156 points over the previous closing price of Nifty futures. Market experts believe that if diplomatic talks are successful then the Sensex can reach the magical level of 1,07,000 by the end of 2026.

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huge fall last day

Today’s rise has come after yesterday’s big fall when the Sensex took a dive of about 1,122 points and investors lost crores of rupees. On Wednesday, Nifty also closed at the level of 24,480 with a big crash of about 385 points due to which there was only an atmosphere of disappointment everywhere in the market. But today’s recovery has proved that even a small news of peace at the global level is enough to change the entire direction of the market.