The benchmark BSE Sensex closed 520.90 points or 0.65% to close at 80,116.49, while the comprehensive Nifty 50 index closed at 24,328.95, higher by 161.70 points or 0.67%.
Here’s how analysts read the market pulse:
Vinod Nayar, a research head of Geojit Investments, said his positive pace in the Indian equity market, which runs with the better results of the recent IT set and the optimistic comments.
“However, after the recent sharp rally, profits were booked in financial matters. While US-China trade tensions look easy, US tech stocks have further encouraged the overall global market spirit. The earnings of local Q4 mixed in crude prices and the latest influence of the local market may be.”
Despite these near -term headwinds, market fundamentals remain strong. “The Indian economy is strong and the macro is improving. This will provide elasticity in the markets,” Chief Investment Strategist Dr. GeoGit Financial Services. VK Vijay Kumar said. However, he warned that a degree of recent geographical development could impose uncertainty.
Tuesday’s terrorist attacks in Kashmir’s beautiful Pahlgam area – in which at least 26 tourists were killed and some others were injured – they have put a shadow on the spirit. Attacks at the beginning of the crucial journey season, there has been panic among the visitors, many of which are now running out of the field.
DR DR
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US
The main index of Vall L Street was a rally on Wednesday, the S&P touched a two-week high on the hope of de-Escalation in the US-China trade war, and President Donald Trump had threatened the Federal Reserve Chair Jerome Powell. He quotes a senior official of the White L Street Journal, saying that the US tariff is likely to fall down to China.
In key earnings, Tesla jumped about 8%. IV-producer reported the expected profits for its main auto business. CEO Alon Musk said he would return with his involvement in the Trump administration to focus on operating numerous companies.
European stocks
European stocks arrived at a three -week high booth on Wednesday, with Europe’s largest Software Fatware maker SAP strong earnings, while trade tensions between the United States and China removed the investor’s spirit globally.
Pan-European StokesX 600 index is 1.8% higher. Germany’s Blue-Chip Index pushed local allies for 3.1%Ch CLIMB.
SAP jumped 10.6% to mark its best day in six years after the German company came to the top of analyst’s first quarter’s expectations, increasing the European technology sector 9.9%.
Technical view
The Nifty remained unstable after the hopeful start of the positive global signals, the senior technical analyst of the LKP Securities, “The spirit is excited, because the index trades above the previous swing high, the pattern of the person hanging on the daily chart.”
“In addition, the RSI is on the verge of confirming the negative interruption. Going forward, the reduction towards the zone 24,000-23,900 appears if the Nifty slip below 24,300. On the high side, resistance occurs at 24,450-224,500,” the DE said.
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Most active stocks in terms of turnover
Very Energy (Rs 6,271 crore), HDFC Bank (Rs 2,964 crore), BSE (Rs 2,336 crore), HCL Tech (Rs 2,105 crore), ICICI Bank (RS 1,639 crore) (RS 1,639 crore) (RS) 1,639 crores). Value terms. High activity in the counter in terms of value can help identify counters with the highest trading turnover a day.
The most active stocks in terms of volume
Vodafone Idea (Traded Shares: .45 crore), Suzlon Energy (Traded Shares: 9.7979 crore), Yes Bank (traded shares: 8.95 crore), IDFC First Bank (traded shares: 6.39 crores), Ola Electric Dynamics (Trade Shares: 5.82 crore). Most actively trade in terms of volume on the NSE.
Stocks showing the purchase interest
Shares of Very Energy, AU Small Finance Bank, Niva Bupa Health Insurance, HCL Tech, Latant View Analytics, Inventurus Knowledge and Radingon were in stocks, with strong interest in buying from market participants.
52 weeks
More than 81 stocks today hit a 52-week .This. Those who have scored their 52 -week Sto.
Stokes by looking at the pressure of sale
The stocks that showed significant sales pressure were Jammu and or Bank, Blue Star, AAVS Financier, Alok Industries, JB Chemicals, City Union Bank and Muthoot Finance.
Neutral
Market sentiments were neutral. Of the 4,106 stocks trading on the BSE on Wednesday, 1,949 stocks saw a decline, 2,028 progressed, while 129 stocks remained unchanged.
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(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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