Share market review: The clouds of skepticism were completely trimmed in the last week of June due to the end of the Israeli Iran war, the trade agreement between the US and China and the increasing possibilities of the trade deal between India and the US. Now both Sensex and Nifty are at the top level of the last 9 months. The trust of investors seems to be increasing once again on the Indian stock market. Know how the market trend will be in the coming week and what to do investors?
How was the Sensex and Nifty move : US bombing at three major nuclear installations of Iran led to a huge decline in the Indian stock market on the first day of the week. The Sensex slipped 511 points while the Nifty lost more than 140 points. On Tuesday, the profit booking stopped the market from a huge lead amid reports of ceasefire between Iran and Israel. The Sensex gained 158.32 points to 82,055.11 points, while the Nifty was closed at 25,044.35 with a profit of 72.45 points.
Investors fiercely fiercely buying in the stock market on Wednesday. The Sensex rose 700.40 points to 82,755.51 points, while the Nifty gained 200.40 points to 25,244.75 points. On Thursday, the Sensex closed at 83,755.87 points with a long jump of 1,000.36 points. The Nifty also reached 25,549 points by a profit of 304.25 points. On the last day of the week, the Sensex rose 303.03 points to 84,058.90, NSE Nifty 88.80 points to close at 25,637.80 points.
These factors changed market moves: After the ceasefire between Iran and Israel, there was a cloud of skepticism in the Indian stock market due to reduced tension in West Asia. The softening of crude oil prices and the strength in the rupee against the dollar has also affected investors to focus on domestic growth.
The Indian stock market was focused on the new height in just 4 sessions. Due to the positive investment perception made in the market, while the rise of 2162 points in the Sensex crossed the level of 84,000, the Nifty also increased by 664 points to 25600. As soon as the stress was indicated, the enthusiasm of the investors reached the peak and took fierce buying in his favorite shares. In the last few weeks, investors showed great interest in the companies whose project results were better. Market capitalization also increased by Rs 12.26 lakh crore in the 4 -day rise.
How will the next week be: Here Trump has announced a trade deal with China. The US President claimed that India would soon have a big trade agreement. Investors have breathed a sigh of relief from these 2 major announcements. Market fundamentals are quite strong, investors are showing interest in big companies. Both FII and DII are desperate for investment. In such a situation, soon Sensex and Nifty may once again be all time high. It is expected that now the Indian stock market will soon move towards the new height.
Reliance Industries market capitalization crosses 20 lakh crores: Reliance Industries shares rose by nearly 2 percent on Thursday and the company’s market capitalization (market cap) once again crossed the Rs 20 lakh crore figure. The company’s stock rose by 1.90 percent to close at Rs 1,495.20 on BSE. During the business, it rose 2.14 percent to Rs 1,498.70. Reliance Industries shares rose 1.90 percent to Rs 1,495.30 on NSE. With this, the market evaluation of the company increased by Rs 37,837.9 crore to Rs 20,23,375.31 crore. The company is the most valuable domestic company in terms of market evaluation.
What do experts say: Stock market expert Satish indani According to, the stock market is currently in a very strong position. Fundamentals are strong and investors are constantly buying. If there is no negative news at the international level, then the market is likely to be all -time high once again. However, he also expressed concern over Trump’s constantly changing statements.
He told investors that the future of the Indian stock market is good. There is no need to panic. Catch shares with good strong fundamentals instead of investing in small companies. Small corrections will continue to come, there is no need to panic.
Market expert Sagar Aggarwal Told that the last week of June was tremendous for the market. All the clouds of uncertainty were mounted and a new wind of positivity came. Trump has announced a huge deal with India, this will not only increase the import and export of the country. Rather FIIs will also be motivated for big investment in Indian markets.
He said that the stock market is just 2.5 percent below its all -time high. Along with FII, DII, retail investors are also buying. Soon this level can also break. Currently, there is good possibility of growth in all sectors.
Disclaimer: This article is only aimed at information. This is not an investment advice. Be sure to consult your financial advisor before any investment.
