The domestic stock market opened on Thursday (6) in the second consecutive trading session. Global markets have breathed a sigh of relief by US President Donald Trump postponing tariffs on Automobiles coming from Mexico and Canada for a month. Its positive impact is also seen on domestic markets.
The BSE Sensex with thirty -share opened today at 74,308 by more than 500 points. At 9:20 am it was trading at 74,029 with a gain of 299.52 points or 0.41%.
In the last trading session, equity markets recorded the biggest single-day lead in a month. This helped the Nifty 50 to prevent a 10 -day record fall. On Wednesday, the Nifty rose 50 254.65 points or 1.15 percent to close at 22,337.30. Similarly, the Sensex rose 740.30 points or 1.01 percent to close at 73,730.23.
The Asia-Pacific markets on Thursday, after the delay in tariffs on some vehicle manufacturers by US President Donald Trump, was mostly in Asia-Pacific Markets. Nikkei increased by 1.25 percent, while the topics increased by 1.31 percent. ASX 200 recorded a decline of 0.53 percent, breaking the trend.
What are the indications from global markets?
Kospi increased by 0.615 percent. South Korea’s consumer inflation increased by 2 percent in the month of February. This was higher than the 1.95 percent increase forecasting of the Reuters, but was slow by 2.2 percent increase in January.
Dow Jones increased by 1.14 percent in US markets. S&P 500 increased by 1.12 percent, while Nasdaq increased by 1.46 percent.
Talking about Japan, the Nikkei index rose 0.82% to 37,726.02 by noon. While broad topics rose 1.18% to 2,750.27.
