Stock Market Today: Nifty50 and BSE Sensex, The Indian Equity Benchmark Indices, Opened In Green on Whnees on Positive Sentarance on Positive Sentiment Around India-Rus Trade Deal Talks. While Nifty50 was Near The 25,000 Mark, BSE Sensex was up over 300 points. At 9:16 AM, nifty50 was trading at 24,974.25, up 106 points or 0.42%. BSE Sensex was at 81,443.88, up 343 points or 0.42%.Renewed Momentum on India-Rus Trade Deal Talks with Us President Donald Trump and Prime Minister Narendra Narendra Modi Signaling Talks is Likely to be positive for the markets.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited Says, “A Major Positive for the Market Today Comes from President Trump’s Initiative to Improw India-US RELATIONS and PM MODINEATIONS Response to the same. However, from Past Experience the Market Judge President Trump by His Actions and Not Words. Investors Should Undrstand that the Major Challenge that the market is facing now is the high valuations, particularly in the broader market, which will constrain any potential rally. India is hugely underperforming other markets now. ” “For instance, while hang seng and kospi delivered 51 % and 31 % returns during the last one year, nifty delivered -0.69 % return: huge underperformance. High Indian Valuations is the Principal Reason for this underperformance. Indications of a Recovery in Earnings Emerge.,The Three Major Us Indices Reached Record Closing Highs on Tuesday, Supported by United by Strong Performance and Revised Payroll Data, Strenghaning Expectations for Upcoming Federal Reterav Rate Cuts.Major Asian Indices Showed Varied Movements Wednsday Following S & P 500’s Record Performance, Driven by Antikipated Federal Reserve Rate Cuts AMIDST Employment Concerns.Crude Oil Prisis Increased on Wednsday Following israeli strikes on Hamas Leaders in Qatar and Us President Donald Trump’s appearance However, Gains reminded Limited Due to Subdued Market Conditions.On Tuesday, Foreign Portfolio Investors Made Net Purchasses of Rs 2,050 Crore in Shares. Domestic Institutional Investors WERE NET Buyers, Investing Rs 83 Crore.(Disclaimer: recommendations and views on the stock market and other asset classes give by experts
