Indian Stock Market News, Equity Market and Sensex Today in India


Share markets in India have extended early gains and are presently trading on a strong note.

Benchmark indices firmed up in afternoon deals and surged to two-month highs as Bajaj Finance posted stellar results and rallied 9%.

Another factor behind today’s rally is the interest rate hike. The US Federal Reserve hiked rates on expected lines yesterday.

The US Fed’s 0.75 percentage point hike in interest rates, and Fed Chair Jerome Powell’s comments dismissing chances of a recession gave investors some relief.

Our Mega Summit Goes LIVE at 5pm Today

This is your last chance to register for the One Stock Crorepati summit.

Today at 5pm, India’s leading smallcap guru, Richa Agarwal, is going to reveal the 5-Minute Blueprint for Becoming a One Stock Crorepati.

Please note, there may not be any replays available for this one-time MEGA Summit.

Thus we urge you to save your seat now.

Click Here to Reserve Your Free Seat

Global markets are also in an upbeat mood. Asian share markets opened higher after the Fed’s indication on pace of interest rate hikes. While US markets had rallied overnight with Dow Jones rallying 1.4% and the Nasdaq surging over 4%.

A weaker rupee further added to gains. The rupee was falling but today, it appreciated 14 paise to 79.77 against the dollar in early trade.

Currently, the BSE Sensex is trading up by 913 points, up 1.7%, at 56,700 levels.

Meanwhile, the NSE Nifty rose above the 16,850-mark and is presently trading up by 248 points.

Bajaj Finance is leading with gains post stellar Q1 results.

Watch this Before Investing Your Money in EV Stocks

Recently, we revealed this massive 15x opportunity in electric vehicles.

And also shared the details of 3 EV stocks to ride this mega opportunity.

Now, these are not typical EV stocks. Instead, these are what we call the backdoor EV stocks.

As per our research, the best way to ride the 15x EV wave is through these 3 stocks only.

You can get full details by watching this video…

Bajaj Finserv also surged 9% after it reported results and its board approved bonus issue and stock split plan.

Tata Motors share price slipped 3% before recovering as the EV company’s Q1 loss widened.

In his latest video, Chartist Brijesh Bhatia talks about cement stocks and explains why it could be the best sector for long term investment.

More details to follow in the upcoming commentary.

For information on how to pick stocks that have the potential to deliver big returns,

Read the latest Market Commentary

What else is happening in the markets today? Dig in…


Image and article originally from Read the original article here.

By admin