Share Market Today / Trump's decision brightened the market - Sensex rose by 988 and Nifty by 296 points

Share Market Today: The impact of US President Donald Trump's announcement of 90 days relief in tariff rates was clearly seen on the Indian stock market today. The positivity in global markets and rising expectations of investors strengthened the Indian market. On Friday, the last trading day of the week, the BSE Sensex opened with a massive gain of 988.34 points at 74,835.49, while the NSE Nifty 50 index opened with a gain of 296.25 points at 22,695.40 points.

Market got a sigh of relief

This week the Indian stock market saw many ups and downs. The huge fall on Monday surprised the investors, but on Tuesday the market showed some recovery. Weakness was seen once again on Wednesday, while the market was closed on Thursday due to Mahavir Jayanti. The way the market opened on Friday awakened a sense of relief in the minds of investors.

28 companies of Sensex showed strength

Shares of 28 out of 30 companies of Sensex opened in the green mark. This is a clear indication of the strength of the market. The biggest jump was seen in Sun Pharma's stock, which opened with a gain of 4.80%. At the same time, TCS shares registered a marginal decline of 0.10%.

Tata Group shares shine

Tata Motors rose 3.52% and Tata Steel rose 2.79%. The performance of these companies further strengthened the market sentiment. Also, a positive start in big stocks like Tech Mahindra (2.15%), HDFC Bank (1.84%), Infosys (1.77%), and Reliance Industries (1.43%) also supported the Nifty.

Status of other major stocks

Shares of NTPC, Nestle India, Kotak Mahindra Bank, Maruti Suzuki, Mahindra & Mahindra, ITC, Asian Paints and Axis Bank also started well today. All the companies of Nifty 50 started trading in the green mark, which indicates that the market is witnessing a broad-based uptrend.