Sensex Today, Stock Market LIVE Updates: There are signs of a bullish start in the Indian stock market on Tuesday. Major indices BSE Sensex and Nifty 50 may open with gains. The main reason for this is the strength in global markets. Especially when US President Donald Trump indicated that the ongoing war between America and Iran may now be moving towards an end.
Meanwhile, GIFT Nifty was seen trading at around 24,390 level, which was at a premium of about 267 points over the previous closing level of Nifty futures. This is indicating that the start of the domestic market may be positive.
The atmosphere in global markets also appeared better. There was a rise in Asian markets, while American stock markets also closed with good gains overnight. Due to the fall in crude oil prices, investors’ concerns about inflation reduced, due to which a wave of relief was seen in the markets.
However, earlier on Monday, there was heavy pressure on the Indian stock market. Due to increasing tension between America and Iran and sharp rise in crude oil prices, selling dominated in almost all sectors. At the end of the day, BSE Sensex closed at 77,566.16, down 1,352.74 points or 1.71%, while Nifty 50 slipped 422.40 points or 1.73% to close at 24,028.05.
