Share Market Opening 25 October: Signs of recovery after 4 days of decline, good start for Sensex-Nifty with global support.

Share Market Opening 25 October: Signs of recovery after 4 days of decline, good start for Sensex-Nifty with global support.

Share Market Opening on 25 October: The domestic stock market made a good start to trading today on Wednesday. BSE Sensex and NSE Nifty are getting support from the recovery of global markets in today’s trading. Besides, the market is also expected to get support from low-level buying today.

At 9:15 am, the Sensex started trading with a rise of more than 150 points. Nifty is also strong in the initial session. At 9.20 am, the Sensex was stronger by more than 160 points and was trading near 64,750 points. Nifty had crossed 19,315 points with a gain of more than 35 points.

Signs of recovery in the pre-open session

The market is showing mild signs of recovery in the pre-open session. Was. In the pre-open session, Sensex was up by about 50 points, while Nifty was also seen in the green zone. Nifty futures also remained in the green zone in Gifty City. This was indicating that a recovery could be seen in the market in today’s trading.

The week started with a huge fall

Earlier on Monday, the first day of the week, there was a big fall in the market. A decline was recorded. On Monday, the Sensex fell 825.74 points or 1.26 percent and closed at 64,571.88 points. Whereas Nifty fell by 260.90 points or 1.34 percent and closed at 19,281.75 points. On Tuesday, on the occasion of Dussehra, the domestic stock markets were closed and there was no trading.

Sensex has fallen by 2000 points

The domestic market is closing in loss for four consecutive days. Is. Sensex has fallen by about 2000 points in the last four days. On Friday (20 October), the last day of last week, the Sensex fell by 231.62 points and closed at 65,397.62 points. Nifty stood at 19,542.65 points with a loss of 82.05 points. During the entire week, there was a decline of 885.12 points or 1.33 percent in BSE Sensex and a decline of 208.4 points or 1.05 percent in Nifty.

Improved condition of global markets

Some changes in global markets Improvement is visible. On Tuesday, American markets were in the green. The Dow Jones Industrial Average had gained 0.62 percent. Whereas there was a recovery of 0.93 percent in NASDAQ Composite Index and 0.73 percent recovery in S&P 500. Asian markets are also bullish in today’s trading. Japan’s Nikkei is 1.30 percent stronger, while Hong Kong’s Hang Seng is up by 2.60 percent.

Big shares in the initial session

Shares of most of the big companies are strong in the initial session. 24 out of 30 Sensex stocks have started the trading on a strong note today. Tata Steel is showing a rise of more than 2 percent. JSW Steel’s share is about one and a half percent stronger. Shares like SBI, HCL Tech are also up by about 1% each. On the other hand, NTPC shares have fallen by more than 1 percent. Shares like Infosys and Power Grid are also in loss of about 1 percent each.

Also read: Europe has increased the headache of the whole world, lowest PMI in 3 years, now recession is far away.

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