Share Market Today: Dalal Street remains vibrant, Sensex opened 583 points higher at 74652, Nifty crossed 23000.

Nifty Sensex Hike: Today again an atmosphere of strength is being seen in the Indian stock market. BSE Sensex opened with a gain of 583 points at 74,652, while NSE Nifty-50 rose 152 points to 23,064. The market showed a positive trend in the early trading itself, due to which the enthusiasm of investors has increased.

According to experts, many global and domestic signals are responsible for the rise in the market today. There has been a strong surge in Asian markets. Japan’s Nikkei 225 rose about 2.5%, while the Topix index also gained 2.4%. South Korea’s KOSPI also jumped by 2.5%, which clearly shows that the global sentiment remains positive at the moment.

GIFT Nifty also strong signal

GIFT Nifty is also giving strong signals for the Indian market. It is trading around 23,153 levels, which shows a premium of about 225 points over its previous close. This indicates that the trend of gap-up opening may continue in the market.

Weak performance in US markets

However, the performance of US markets remained slightly weak. The Dow Jones Industrial Average index closed down 84 points, while the S&P 500 and NASDAQ Composite also declined. There is some uncertainty among investors due to weakness in tech stocks.

Globally, news of a possible reduction in tension between America and Iran has also supported the market. Investor confidence has increased with the peace proposal initiated by US President Donald Trump.

Big fall in crude oil prices

Talking about the commodity market, a big decline has been recorded in crude oil. Crude oil fell by about 5.8% to around $98 per barrel, while WTI Crude Oil also fell by more than 5%. This is expected to reduce inflationary pressure, which is a positive sign for the market.

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rise in gold and silver

At the same time, due to weakness in the dollar, a rise in the prices of gold and silver was seen. The fall in the dollar index is supporting the currencies of emerging markets, which may also strengthen the Indian rupee. Overall, the Indian stock market is likely to remain positive today due to global cues and softening commodity prices.