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Stock Market Today: Nifty 50 above 24,400; BSE Sensex over 250 points

Stock market today (AI image)

Stock Market Today: Nifty50 and BSE Sensex, Indian Equity Benchmark Index, opened in Green on Monday. While Nifty50 crossed the 24,400 mark, the BSE Sensex was above 80,700. At 9:22 am, Nifty50 was trading at 24,431.65, up to 85 points or 0.35%.The BSE Sensex was 80,775.82, up to 274 points or 0.34%.
Market analysts estimate share-specific movements to lead business activities, with potential ups and downs due to global political issues. Important financial results are determined by M&M, Indian Hotel, Coforge and Cam.
The GEOJIT Investments Limited’s main investment strategist VK Vijaykumar says, “In the FII strategy in India, from selling to buy to buy for the week ending May 2. During the first three months of 2025, there are large sellers through FII exchanges. During this 3 -month period, FII cumily sold equity for Rs 129680 crore. During the last 12 business days, FII has been maintained by buyers in the cash market, which has bought equities for Rs 40145 crore.This is a major axis in the FII strategy. And it will provide flexibility in the market. Now this concern is India’s retaliation for the terrorist strike and a decline is out of it. This concern will restrict the FII-LED rally. From January 11 to 99 to 111 January, the decline in the dollar index has recently remained a strong tailwind for the market. Better performance of largacaps on broad market is a healthy trend that is now playing outside. This trend can maintain. ,
The US Equities increased on Friday, gaining two consecutive weeks, supported by strong economic indicators and potential reforms in the US-China trade relations.
Oil prices declined in early trades following the weekend decision of OPEC+to increase the amount of production. Asian markets were cautious, many major exchanges closed for holidays.
Expecting the Federal Reserve policy announcement at the end of this week, the market participants demanded clarity on trade relations between the US and its business partners on Monday as gold prices increased on Monday, as the market participants demanded clarity.
The dollar on Monday showed weakness on Monday despite reducing the concerns of the US recession, seeking concrete progress in the US-China business relations rather than only suggestions from the authorities.

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