The Global Market is Experience a Significant Surge: US President Donald Trump has announced relief for 90 days in terms of reciperoot tariffs to all countries of the world. Due to Trump’s announcement of giving relief in tariffs, there is tremendous strength in all the markets around the world today. The impact of this fast can also be seen in the Indian market in tomorrow’s trading session.
However, American tariffs on China have been increased from 104 percent to 125 percent. This new tariff on China has come into force with immediate effect.
This tariff gift of the US President has also had a lot of impact on the gift Nifty. Today is a holiday in the Indian stock market due to Mahavir Jayanti, but the National Stock Exchange’s International Trading Platform Gift Nifty is being traded with tremendous strength today.
Encouraged by the announcement of the US President, Gift Nifty was trading at the level of 832.50 points, or 3.70 percent, at 23,319.50 points after trading till 12 noon.
This firmly of gift Nifty is also indicating a strong rally in the Sensex of BSE and NSE’s Nifty. After today’s holiday, the domestic stock market will open for business on 11 April tomorrow.
The Gift Nifty National Stock Exchange is a futures contract based on the NSE Nifty 50 index. Its business is done through the NSE International Exchange located in Gift City, Gujarat. Gift Nifty was previously called SGX Nifty.
At that time its trading was on Singapore Exchange (SGX). Gift Nifty has trading in two sessions. According to Indian time, its trading in the first session is from 6:30 am to 3:40 pm. Similarly, in the second session, its trading takes place from 4:35 pm to midnight from 2:45 pm (AM).
Businesses in the domestic stock market are also estimated based on the gift Nifty’s move. However, sometimes this estimate is also different from reality. Today, despite having a holiday in the domestic stock market, the gift is trading in the Nifty and at the moment this index is seen trading with tremendous strength.
In the global market, if we look at other indices other than the gift Nifty, then there was a tremendous strength in the US market during the last session, due to which the S&P 500 index had jumped 474.13 points i.e. 9.52 percent to close at 5,456.90. Similarly, Nasdaq ended the business of the previous session at the level of 17,124.27 points, with a gain of 1,857.06 points, or 12.16 percent.
Asian markets also seem strongly strengthened. Out of 9 markets in Asia, all 9 markets, including gift Nifty, are trading with an increase. The Taiwan Weight Index has jumped more than 9 percent in the business so far. Similarly, the Nikkei index is trading more than 8 percent.
The Taiwan Weight Index is currently trading at the level of 19,000.03 points with a strength of 1,608.27 points, or 9.25 percent. Similarly, the Nikkei index has jumped 2,743.70 points i.e. 8.65 percent to reach the level of 34,457.73 points.
The Kospi index also today at the moment at the level of 139.67 points i.e. 6.09 percent at 2,433.37 points, Straits Times Index up 170 points i.e. 5.01 percent with a gain of 5.01 percent, at the level of 3,563.69 points, the Jakarta Composite Index 299.87 points, i.e. 4.78 percent, at 4.78 percent, at the level of 6,267.86 percent, sets up 6,267.86 percent, set composite index. With a strength of 4.26 per cent, the Hang Seng Index is trading at a level of 20,872.89 points, with a gain of 608.40 points, or at a level of 3,228.81, at the level of 20,872.89 points, or 3,228.81 percent.
