Stock Market Today: Indian Equity Benchmark Indis, BSE Sensex and Nifty 50 were opened in Green on Tuesday. While BSE Sensex moved above 80,600, Nifty50 crossed 24,450. At 9:23 am, the BSE Sensx was trading at 80,605.31, up to 387 points or 0.48%. Nifty50 was up to 24,441.45, 113 points or 0.46%.
Indian equities showed significant advantages on Monday, affected by several factors, including any fresh development in India-Pakistan relations, strong corporate performances and positive movements in major shares such as Reliance. Market supervisors estimate stock-specific movements due to the declarations of the results of the fourth quarter.
The S&P 500 remained largely stable on Monday during unstable trade on Monday, affected by large-CAP shares as investors estimated important economic indicators and results from major US corporations.
To assess the impact of business policies of President Donald Trump, the Asian Equity was carefully opened as the market participants for corporate income report and economic data release this week.
Gold rates declined on Tuesday due to improvement in trade relations between the United States and its trading colleagues, to reduce their safe-heaven demand, while the market participants waited for US economic indicators to evaluate the strategy of the Federal Reserve.
The US dollar on Tuesday showed minimal recovery from significant damage, as uncertainty remained about the trade war de-escape with China, with Treasury Secretary Scott Besant indicated that China needed to start a discussion.
On Tuesday, there was a decrease in oil prices in the initial Asian trade as the market participants reduced their demand outlook, influenced by the continuous trade dispute between the United States and China, the largest global economies.
Foreign portfolio investors transferred to a net purchase of Rs 2,474 crore on Monday. Domestic institutional investors unloaded shares worth Rs 2,818 crore.
