After the historic peace agreement between America and Iran, the clouds of uncertainty have completely disappeared from the global market, the direct and explosive impact of which has been seen on Dalal Street. Investors bought silver as soon as the market opened on the first trading day of the week. Both Bombay Stock Exchange (BSE) index Sensex and National Stock Exchange (NSE) Nifty 50 have become rockets. Especially the shares of financial, aviation and infrastructure sectors witnessed great growth.
On the first trading day of the week, the Sensex opened at 76,654.31 with a rise of 1,126.36 points or 1.49 percent. At the same time, Nifty rose 339.25 points or 1.44 percent to the level of 23,962.15. Nifty also touched the important level of 24,000 in early trading, which further increased the enthusiasm of investors.
buying pressure in the market
Buying dominated the market during early trading. About 557 shares were seen trading with gains, while only 65 shares were seen trading with a decline. Whereas no significant change was seen in 40 shares. This figure shows that the positive sentiment in the market remains strong.
These shares showed great growth
The biggest gainers on Nifty included Shriram Finance, InterGlobe Aviation (IndiGo), Bajaj Finance, Larsen & Toubro (L&T) and TMPV. Strong buying was seen in the shares of these companies. On the other hand, shares of ONGC, Cipla and Apollo Hospitals showed some pressure and were seen trading with a decline in early trade.
The glory of big banks
Shares of Bajaj Finance, HDFC Bank and ICICI Bank are also seeing strong gains ranging from 1% to 3%. Heavyweight stocks like Reliance and Tata Consultancy Services (TCS) also remain in the green.
Indian rupee strengthened against dollar
After the US-Iran deal, the Indian rupee has also strengthened against the dollar. A strong rise was seen in the Indian rupee on Monday. Currently, the price of Indian Rupee has strengthened by 52 paise to 94.57 per dollar.
Also read- Explainer: What is the global significance of the US-Iran peace agreement? Why is this great news for India? How much time can it take for everything to become normal?
