Israel -ran war: The stock market season became happy due to the break on the Israeli-Iran war. The tense situations between Israel and Iran, which have been going on for the last 12 days, have finally stopped. There is a ceasefire between the two countries, which was officially announced by former US President Donald Trump. Soon after this announcement, there was a wave of boom in the sluggish trade. There was a sign of relief in global markets, which also showed a direct impact on the Indian stock market.
As soon as the market opened on Tuesday, both BSE Sensex and NSE NIFTY saw tremendous boom. The Sensex jumped more than 900 points, while Nifty also jumped 270 points.
Market bang start
The Indian stock market on Tuesday made a spectacular opening amid positive global signals.
The Sensex opened at 82,534.61 by jumping from its previous closed level 81,896.79.
At the same time, the Nifty jumped from 24,971.85 to 25,179.90 on Monday and then reached 25,250.85.
Significantly, there was a decline in the market on Monday, where the Sensex dropped 511 points and the Nifty 140 points. But on Tuesday, the glow of the investors returned.
Great effect of global signals
Positive signs from the US and Asian markets played a major role in the backdrop of this fast.