Share Market: Great rise in the share market, Sensex opened strongly at 83969 and Nifty at 25873 levels.

Indian Share Market Updates Today: The start of trading in the Indian stock market on Thursday was very encouraging and the smile on the faces of the investors came back. Domestic indices opened in the green, performing better than expectations amid positive cues from global markets. Both Sensex and Nifty benchmark indices were successful in gaining from their previous closing levels, which showed a buying environment in the market.

Strong start of domestic market

BSE’s 30-share sensitive index Sensex managed to open at 83969 today with a spectacular rise of 235 points. On the other hand, Nifty of National Stock Exchange started today’s trading by reaching a record level of 25873 with a gain of 54 points. The strength of the market in the early trade itself gave a lot of relief to the investors as earlier it was expected to open flat.

Positive impact of global signals

There was a bullish trend in the Asian markets since this morning, which has played an important role in deciding the direction of the Indian market. Japan’s Nikkei index rose 0.52 percent while South Korea’s Kospi index jumped 2.76 percent to a new record high. However, the stock markets of Hong Kong and China remained closed today due to the Lunar New Year holiday, due to which there was no movement there.

Performance of big tech stocks

A significant increase of 1.6 percent has been recorded in the shares of tech giant Nvidia and 1.81 percent in the shares of Amazon. Along with this, shares of Microsoft and Meta also increased by 0.7 and 0.6 percent respectively which helped in supporting the market. Shares of hardware companies like SanDisk and Western Digital also closed up between 1.7 to 4.4 percent, giving a strong look to the technology sector.

Special advice for investors

Market experts believe that at present the market may continue to fluctuate due to increasing tension between Iran and America. Investors are advised to closely analyze the company’s fundamentals and global conditions before making any large investments. It may be beneficial to keep a special eye on the stocks of IT and banking sector as they are expected to rise further in the coming days.

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market forward trend

GIFT Nifty was trading around 25833 in the morning showing a premium of about 5 points over the previous closing price of Nifty futures. However, it will be very interesting to see whether the market is able to maintain its momentum after the initial rise or not because the global pressure has not subsided yet. In the coming times, the impact of corporate results and geopolitical activities can be clearly seen on the movement of Indian markets.