.jpg)
The storm has arrived! Sensex and Nifty's unprecedented jump, what are the reasons behind the rally?
Mumbai: The stock market (Stock Market Update) witnessed very rapid movements today (Thursday, May 15). As soon as the morning trading began, both the Sensex and Nifty (Sensex Nifty Today) saw a decline. On Wednesday, the Nifty closed at 24666. On Thursday, it fell to 24494. The Sensex also saw a decline in the morning.
On Wednesday, the Sensex closed at 81330. On Thursday morning, the Sensex had fallen to 80762 points. However, around 11 am, this picture was seen changing rapidly. The Sensex and Nifty witnessed an unprecedented rally. At the end of trading, the Nifty rose by 395 points to close at 25062, while the Sensex rose by 1200 points to close at 82,530 points.
When SEBI registered investment advisor Kedar Oak was asked about the market rally on Thursday and the role of investors, he said, "The sudden rally in the market is deceptive. Therefore, investors should take profits here. Many times, we do not take profits after seeing the market rise. Then the market corrects and the opportunity disappears. In short-term investments, without keeping an eye on the target, the profit received in the short term should be considered as the return on the original investment. Many times, without taking such profit, the investor waits with expectations and then SHORT TERM BECOME LONG TERM. Unexpected rally is casual and in such cases, one should give priority to returns without getting involved in emotions."
Indices bounce from lower levels
The Sensex and Nifty had recovered again, covering the morning deficit. Today, the Sensex gained 1956 points from the lowest point of the day, while the Nifty gained 622 points. The main reason for today's rally is the purchase by foreign institutional investors. Speaking to NDTV Profit, Helios Capital CEO Dinshaw Irani said that large-cap stocks will also see a good rally. While the Nifty crossed the 25,000 mark on Thursday, the Sensex crossed the 82,500 mark. The Nifty has reached the 25,000 mark for the first time since October 2024. The Nifty has gained 1,000 points in the last 17 sessions. There was heavy buying in the Nifty Auto today.
Gold and silver cheap
Gold prices, which had crossed the one lakh mark, have now started coming down. Gold prices fell significantly on Thursday compared to Wednesday. Gold prices have fallen by Rs 2,000 per tola compared to Wednesday. Many are getting relief as gold becomes cheaper before the wedding season. Like gold, silver has also become cheaper. The price of one kg of silver fell by Rs 2,600 on Thursday compared to Wednesday. The price of silver was Rs 97,400 per kg on Wednesday evening. It has risen to Rs 94,800 on Thursday morning.
The defense sector stocks are seen to have risen due to the tension between India and Pakistan. The market cap of the defense sector has increased by Rs 86,000 crore. The Nifty India Defense Index has increased by more than 9 percent since April 22.
G Square, a Chennai-based construction company, has announced a special offer for veterans and their families. It has been announced that the company will give a 15 percent discount on the sale of plots in South India to the military personnel.
The rupee weakened by 32 paise against the dollar on Thursday morning. Due to this, the price of one dollar was Rs 85.64 on Thursday morning. The dollar is somewhat weak in the international market and crude oil prices are also falling. This has contributed to the fall of the rupee.
The share price of Ayush Wellness Limited has increased by 80 percent in the last 3 months and by 500 percent in the last year. On Thursday morning, the share price was around Rs 108. The company has decided to increase the number of smart health kiosks and medical help centers and will invest Rs 25 crore for this.
Sumitomo Mitsui Banking Corporation has decided to buy a stake in Yes Bank. Moody's Ratings has said that this is a positive development. Moody's says that Yes Bank will get a good partner for the long term and it will also help strengthen the bank's balance sheet. SBI and Federal Bank have decided to sell their stake in Yes Bank to SMBC.
Amazon has once again started employee reduction. Amazon has canceled more than 100 jobs in the device and service department. The employees in these positions work for products like Alexa voice assistant, Kindle e-reader. There are fears that Amazon will further reduce its workforce in the coming days.
Mumbai: The stock market (Stock Market Update) witnessed very rapid movements today (Thursday, May 15). As soon as the morning trading began, both the Sensex and Nifty (Sensex Nifty Today) saw a decline. On Wednesday, the Nifty closed at 24666. On Thursday, it fell to 24494. The Sensex also saw a decline in the morning.
On Wednesday, the Sensex closed at 81330. On Thursday morning, the Sensex had fallen to 80762 points. However, around 11 am, this picture was seen changing rapidly. The Sensex and Nifty witnessed an unprecedented rally. At the end of trading, the Nifty rose by 395 points to close at 25062, while the Sensex rose by 1200 points to close at 82,530 points.
When SEBI registered investment advisor Kedar Oak was asked about the market rally on Thursday and the role of investors, he said, "The sudden rally in the market is deceptive. Therefore, investors should take profits here. Many times, we do not take profits after seeing the market rise. Then the market corrects and the opportunity disappears. In short-term investments, without keeping an eye on the target, the profit received in the short term should be considered as the return on the original investment. Many times, without taking such profit, the investor waits with expectations and then SHORT TERM BECOME LONG TERM. Unexpected rally is casual and in such cases, one should give priority to returns without getting involved in emotions."
Indices bounce from lower levels
The Sensex and Nifty had recovered again, covering the morning deficit. Today, the Sensex gained 1956 points from the lowest point of the day, while the Nifty gained 622 points. The main reason for today's rally is the purchase by foreign institutional investors. Speaking to NDTV Profit, Helios Capital CEO Dinshaw Irani said that large-cap stocks will also see a good rally. While the Nifty crossed the 25,000 mark on Thursday, the Sensex crossed the 82,500 mark. The Nifty has reached the 25,000 mark for the first time since October 2024. The Nifty has gained 1,000 points in the last 17 sessions. There was heavy buying in the Nifty Auto today.
Gold and silver cheap
Gold prices, which had crossed the one lakh mark, have now started coming down. Gold prices fell significantly on Thursday compared to Wednesday. Gold prices have fallen by Rs 2,000 per tola compared to Wednesday. Many are getting relief as gold becomes cheaper before the wedding season. Like gold, silver has also become cheaper. The price of one kg of silver fell by Rs 2,600 on Thursday compared to Wednesday. The price of silver was Rs 97,400 per kg on Wednesday evening. It has risen to Rs 94,800 on Thursday morning.
The defense sector stocks are seen to have risen due to the tension between India and Pakistan. The market cap of the defense sector has increased by Rs 86,000 crore. The Nifty India Defense Index has increased by more than 9 percent since April 22.
G Square, a Chennai-based construction company, has announced a special offer for veterans and their families. It has been announced that the company will give a 15 percent discount on the sale of plots in South India to the military personnel.
The rupee weakened by 32 paise against the dollar on Thursday morning. Due to this, the price of one dollar was Rs 85.64 on Thursday morning. The dollar is somewhat weak in the international market and crude oil prices are also falling. This has contributed to the fall of the rupee.
The share price of Ayush Wellness Limited has increased by 80 percent in the last 3 months and by 500 percent in the last year. On Thursday morning, the share price was around Rs 108. The company has decided to increase the number of smart health kiosks and medical help centers and will invest Rs 25 crore for this.
Sumitomo Mitsui Banking Corporation has decided to buy a stake in Yes Bank. Moody's Ratings has said that this is a positive development. Moody's says that Yes Bank will get a good partner for the long term and it will also help strengthen the bank's balance sheet. SBI and Federal Bank have decided to sell their stake in Yes Bank to SMBC.
Amazon has once again started employee reduction. Amazon has canceled more than 100 jobs in the device and service department. The employees in these positions work for products like Alexa voice assistant, Kindle e-reader. There are fears that Amazon will further reduce its workforce in the coming days.
On Wednesday, the Sensex closed at 81330. On Thursday morning, the Sensex had fallen to 80762 points. However, around 11 am, this picture was seen changing rapidly. The Sensex and Nifty witnessed an unprecedented rally. At the end of trading, the Nifty rose by 395 points to close at 25062, while the Sensex rose by 1200 points to close at 82,530 points.
When SEBI registered investment advisor Kedar Oak was asked about the market rally on Thursday and the role of investors, he said, "The sudden rally in the market is deceptive. Therefore, investors should take profits here. Many times, we do not take profits after seeing the market rise. Then the market corrects and the opportunity disappears. In short-term investments, without keeping an eye on the target, the profit received in the short term should be considered as the return on the original investment. Many times, without taking such profit, the investor waits with expectations and then SHORT TERM BECOME LONG TERM. Unexpected rally is casual and in such cases, one should give priority to returns without getting involved in emotions."
Indices bounce from lower levels
The Sensex and Nifty had recovered again, covering the morning deficit. Today, the Sensex gained 1956 points from the lowest point of the day, while the Nifty gained 622 points. The main reason for today's rally is the purchase by foreign institutional investors. Speaking to NDTV Profit, Helios Capital CEO Dinshaw Irani said that large-cap stocks will also see a good rally. While the Nifty crossed the 25,000 mark on Thursday, the Sensex crossed the 82,500 mark. The Nifty has reached the 25,000 mark for the first time since October 2024. The Nifty has gained 1,000 points in the last 17 sessions. There was heavy buying in the Nifty Auto today.
Gold and silver cheap
Gold prices, which had crossed the one lakh mark, have now started coming down. Gold prices fell significantly on Thursday compared to Wednesday. Gold prices have fallen by Rs 2,000 per tola compared to Wednesday. Many are getting relief as gold becomes cheaper before the wedding season. Like gold, silver has also become cheaper. The price of one kg of silver fell by Rs 2,600 on Thursday compared to Wednesday. The price of silver was Rs 97,400 per kg on Wednesday evening. It has risen to Rs 94,800 on Thursday morning.
The defense sector stocks are seen to have risen due to the tension between India and Pakistan. The market cap of the defense sector has increased by Rs 86,000 crore. The Nifty India Defense Index has increased by more than 9 percent since April 22.
G Square, a Chennai-based construction company, has announced a special offer for veterans and their families. It has been announced that the company will give a 15 percent discount on the sale of plots in South India to the military personnel.
The rupee weakened by 32 paise against the dollar on Thursday morning. Due to this, the price of one dollar was Rs 85.64 on Thursday morning. The dollar is somewhat weak in the international market and crude oil prices are also falling. This has contributed to the fall of the rupee.
The share price of Ayush Wellness Limited has increased by 80 percent in the last 3 months and by 500 percent in the last year. On Thursday morning, the share price was around Rs 108. The company has decided to increase the number of smart health kiosks and medical help centers and will invest Rs 25 crore for this.
Sumitomo Mitsui Banking Corporation has decided to buy a stake in Yes Bank. Moody's Ratings has said that this is a positive development. Moody's says that Yes Bank will get a good partner for the long term and it will also help strengthen the bank's balance sheet. SBI and Federal Bank have decided to sell their stake in Yes Bank to SMBC.
Amazon has once again started employee reduction. Amazon has canceled more than 100 jobs in the device and service department. The employees in these positions work for products like Alexa voice assistant, Kindle e-reader. There are fears that Amazon will further reduce its workforce in the coming days.
