Stock Market Today: Indian Equity Benchmark Index, Nifty 50 and BSE Sensex, firm rallies in trade on Friday, first trading day of the month. While NIFTY50 increased to over 250 points to cross 24,550, BSE Sensex was above 81,100. At 10:18 am, the BSE Sensx was trading at 81,129.20, 887 points or 1.11%.Nifty50 was up to 24,571.90, 238 points or 0.98%.
Market experts estimate range-bound trading with individual shares and fields, which are mainly affected by the results of the fourth quarter.
VK Vijaykumar, the main investment strategist at Geojit Investments Limited, says, “After the sharp market improvement triggered by Trump’s mutual tariffs and Pahgam terror strike, the April Nifty has shut down with more than 4% profit in the April Nifty. This amazing flexibility of the market is mainly operated by purchasing FIIs continuously for eleven trading days, which is purchasing up to Rs 37375 crore in a row to buy cumulative FII for this period.FII has been inspired by dollar weakness and decline in growth prospects in the US. Other macros such as the fall in interest rates in India, the decline in raw value and the demand in demand have positivity to the green shooting market. India’s high probability among the five ‘allies’ of America enters the early trade deals with the US, also an important positive factor. However, at the existing turn of high evaluation (Nifty trading above 20 times above financial year 26) and high India-Pak tension, close-term risk-invoity is not in favor of high prize. Therefore, investors can also play it safely by increasing the cash component in the portfolio while investing. ,
US Equities moved higher on Thursday, both Dow and S&P 500 received their eighth consecutive positive session, which is supported by the strong performance of technology giants Microsoft and Mata, reducing AI investment concerns.
Asian equities showed a slight advantage, while the US index futures on Friday recovered losses after China’s announcement about possible trade discussions with the US.
In two months on Friday, gold prices were moving towards their biggest weekly decline, as the trade struggles reduced the safe appeal. Investors wait for the report of US non-form payroll, which are prescribed for release later on the day.
The US dollar moved towards its third consecutive weekly growth, supported by strong-to-the———–e?
Foreign portfolio investors transferred to net purchases on Wednesday for Rs 50.57 crore. Domestic institutional investors acquired shares worth Rs 1792 crore.
