Stock Market rally: People Bad with Trump’s end … Rs 26 lakh crore earned in 4 days, and what’s next? .
After the end of the US president, the stock markets around the world saw a huge rise. In India’s stock market, in particular, there has been a wonderful improvement. In just 4 days, the loss was offset, which came after Trump’s Donald Trump fee.
In the last four trading sessions, the Sensex has risen 4,706 points. Since April 9, the Nifty has scored 1,452 points. The boom occurred when Trump announced 90 days of fees for all business partners except China. Following the decision to prevent the fee, both the index have grown 4.5%, which is the best week after February 2021.
Investors received great income
In the last four sessions, the BSE has added Rs. The market capital of companies listed in BSE is Rs. Some Asian markets are trading in a continuous decline after Trump’s fee announcement.
Thursday’s market was a wonderful boom
On April 2, Trump announced a fee to promote domestic production on 70 global business partners and increase the tax on the US economy. In the last session, the Sensex rose 1509 points to 78,553 and the Nifty 414 points closed to 23,851.
What will happen next?
Investors see a boom on Talal Street, so let’s know what researchers say about the attitude of the Indian stock market. L.K. This latest sharp speed has taken the code over 100 EMA in the daily chart, indicating positive trends in the middle.
In the short term, we hope that this fast will continue further, which will lead the Nifty to 24,100. The action above 24,100 can open the way to 24,500. Below support is 23,650 and 23,300.
The Railway Broking’s Ajith asked him to follow a shopping strategy on the decline in the market. He said that the opinion of investors is positive because of strong domestic basic things and lack of any major universal concern. The Nifty is now around its previous swing 23,800. Focus on HDFC Bank, Infosys and ICICI Bank.
(Reference to the shares of various companies mentioned here- target brokerage companies opinion. Aajtak.in is not responsible.
