Vikrant Shekhawat : Jan 16, 2025, 10:20 AM
Share Market Today: Today, Indian stock markets are witnessing a tremendous rise, and there are some major reasons behind this, out of which the news of the closure of Hindenburg Research and the Israel-Hamas ceasefire are prominent. These events affected the Asian markets in a positive direction, and this also affected the Indian stock markets. Earlier, the US stock markets also saw a good rise after the fall in inflation rate, which was also seen in the Indian markets.Strong rise in Sensex and NiftyToday, the Bombay Stock Exchange's major index, Sensex, opened at 77,319.50 with a gain of 595 points. In early trade, it was seen trading at 77,113 with a gain of 0.53 percent or 405 points. Out of 30 Sensex stocks, 23 stocks were in the green, while 7 stocks were trading in the red. At the same time, the National Stock Exchange index Nifty was seen at 23,338 with a gain of 0.54 percent or 125 points.Rise in major stocksThe biggest gain among the major Nifty stocks was seen in HDFC Life at 8.87 per cent, SBI Life at 4.10 per cent, Adani Enterprises at 3.15 per cent, Adani Ports at 3.01 per cent and BEL at 2.17 per cent. These stocks remain attractive for investors and are taking advantage of the positive environment in the market. At the same time, some stocks also saw a decline. Tata Consumer fell by 1.37 per cent, Trent by 1.17 per cent, HUL by 0.98 per cent, Nestle India by 0.94 per cent and Cipla by 0.71 per cent.Improvement in sectoral indicesThe condition of sectoral indices also remained positive. Nifty Financial Services Ex-Bank gained 2.50 percent, Nifty Midsmall Financial Services gained 2.38 percent, Nifty Midsmall IT & Telecom gained 1.71 percent, and Nifty Oil & Gas gained 0.89 percent. Apart from this, Nifty Realty gained 1.81 percent, Nifty Private Bank gained 0.80 percent, Nifty PSU Bank gained 2.47 percent, Nifty Metal gained 1.70 percent, Nifty Media gained 1.73 percent, Nifty IT gained 0.54 percent, Nifty Auto gained 0.67 percent, and Nifty Bank gained 1.14 percent. However, Nifty FMCG declined 0.20 percent, Nifty Pharma declined 0.24 percent, and Nifty Healthcare index declined 0.08 percent.ConclusionAt present, there is a positive environment in the stock market, and investors are hopeful that the market will grow rapidly in the same way in the future. The news of the closure of Hindenburg Research and the Israel-Hamas ceasefire have strengthened market confidence. With these events, there are signs of improvement in economic conditions, which can be positive for the Indian stock market in the coming times.