Stock Market Today: Nifty50 climbs above 24,600; BSE Sensex Rallies to cross over 1,900 points 81,300

Stock Market Today: NIFTY50 and BSE Sensex, Indian Equity Benchmark indices strongly ralled the trade on the India-Pakistan ceasefire and the progress of the US-China trade deal. Both indices made more than 2% resin from domestic stability and favorable global news.While Nifty50 went above 24,600, BSE Sensex crossed 81,300 points. At 9:31 am, Nifty50 was trading at 24,605.25, up to 597 points or 2.49%. The BSE Sensex was 81,362.37, up to 1,908 points or 2.40%.Indian equity markets decreased in the last week due to India-Pakistan tension. Although the declaration of a ceasefire is likely to reduce investor concerns, market experts have predicted an optimistic new week.Geojit Investments Limited, main investment strategist, VK Vijaykumar, “FPI investment identifies in recent days by FIS. FIIS has bought equity through exchanges for 16 business days for 16 business days to end on May 8 for the end of May 8 for Rs 8798 crore on 8 May 8798 crore. There is a possibility of starting from.It is important to understand that in the first three months of this year, FII was a constant vendor in India. The big sales started in January (Rs 78027 crore) when the dollar index reached 111 in mid -January. After this there was a decline in the intensity of selling. In April, FIIS replaced buyers with a purchase figure of Rs 4243 crore. Global macros (declining dollars, slowing down the US and Chinese economy) and domestic macros (high GDP growth and fall in inflation and interest rates) will facilitate increasing FII flow in Indian equity. Debt influx is decreasing and is likely to be very low. ,Asian Equality and US index futures proceeded with a strong dollar after “adequate progress” in China-US trade talks, increasing the risk of risk.Gold prices declined on Monday as positive development in US-China trade discussions reduced the market uncertainty and reduced the demand for safe havan.Oil prices strengthened on Monday after encouraging the report from US-China trade discussions, improving Outlook for the world’s largest oil consumers.The dollar strengthened during early Asian trade on Monday, which pacifies the progress and global stresses in the US-China trade talks.Foreign portfolio investors executed pure sales of Rs 3,798 crore during Friday trading session. In contrast, domestic institutional investors demonstrated a positive spirit with a total purchase of Rs 7,278 crore.