After a long wait, the news of a trade agreement between America and India has come. America has even reduced tariffs on Indian products. From now on, the Donald Trump administration has reduced tariffs on Indian-made products by 18 percent. And the stock market is jumping on that news. As this report is being written today (11:10 am), the Sensex has increased by 2,266 points. It is around 83,913 points. The same is true of the Nifty. It has increased by 690 points. This index is around 25,779 points.
And looking at this picture of the market, it is clear that the Indian stock market is strong today. Investors are making great profits in the Sensex and Nifty.
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Which stocks are making profits?
The stock market is jumping today from the beginning. The shares of Adani Ports and Reliance have risen sharply. Apart from this, Bajaj Finance has increased by 6.50 percent, Eternal by 4.50 percent, Bajaj Finance by 4.31 percent, Indigo by 3.99, Mahindra & Mahindra shares by 3.95 percent, Sun Pharma by 3.65 percent, Infosys by 3.50 percent, Titan by 3 percent and Maruti by 2.94 percent. This means that those who have invested money in all these stocks will see huge profits today.
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Why is the stock market rising?
Experts believe that there are multiple reasons for this. According to them, India and America have agreed on a trade agreement. US President Donald Trump has reduced tariffs on India. Tariffs have been reduced to 18 percent. And because of this agreement, India’s business will increase. Exports will increase. Profits of Indian companies will go up.
It doesn’t end here, India’s trade agreement with Europe has already been finalized. The markets of 27 European countries have opened up for the country’s businessmen. And because of all these reasons, the Indian stock market has started to rise. Investors are regaining confidence in the market.
Although experts believe that the EU deal is not behind this storm in today’s market, but the US tariff reduction.
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What to do?
The market is rising. This is good news. However, for this reason, do not invest a lot of money at once. Rather, invest wisely. Only then will you see the profit in your investment.
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Note: Do not buy or invest in stocks again after reading this article. This is written for informational and educational purposes. Before making any decision, seek expert advice. Also, do your own research. Only then invest in stocks.
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