Green Day for Indian Stocks: Sensex and Nifty Rally Strong on February 4.
Green Day for Indian Stocks: Sensex and Nifty Rally Strong on February 4.
US President Donald Trump's announcement of a temporary pause to further tariffs on imports from Canada and Mexico, make Indian Market a great upward move.Following both nations' agrees to strengthen border enforcement, US President Donald Trump announced a temporary pause to increased tariffs on imports from Canada and Mexico, which reassured investors.
Trump has previously stoked concerns of a global trade war by imposing a 10% tax on Chinese goods and a 25% tariff on imports from Canada and Mexico.
The Nifty closed at 23,739 approx 378pts(+1.61%) upward move.
The Sensex closed at 78,583 approx 1397pts(+1.81%) upward move.
The Nifty Bank closed at 50,157 approx 947pts(+1.92%) upward move.
Nifty Small-cap and Mid-cap industries also showed upward move of +1.08% & +1.55%.
On the put side, the greatest Ol was recorded at 23,600 strike price, While On the call side, the highest Ol was recorded at 23,800.
Comments
Post a Comment