Stock Market Rally: Stormy rise in the stock market today, Sensex rose by 1100 points, strong jump in these 10 stocks!

New Delhi: A great rise is being seen in the Indian market today. Sensex has opened up by 1000 points, while Nifty has jumped by about 360 points. Apart from this, Bank Nifty has gained 500 points. However, after some time, Sensex jumped 1151 points to reach above 75000, while Nifty rose 364 points to reach 22764 level. At the same time, Bank Nifty has gained more than 700 points.

Except for 3 shares out of BSE top 30 shares, all other shares are showing great growth. Sun Pharma shares have gained 4.44 percent. Apart from this, Tata Motors’ stock has gained 4.21 percent and Tata Steel’s stock has gained 3.50 percent. TCS and Asian Paints’ stock is witnessing a slight decline.

Why did this great rise come?
The major reason for the rise in the stock market is the rise in the global market on Wednesday and Donald Trump’s decision to halt tariffs on all countries except China for 90 days. Due to which the Indian market is witnessing a great rise. Apart from this, buying of heavyweight stocks like Sun Pharma and Reliance is increasing rapidly.

Today’s top gainer stocks
Welspun Living’s stock is trading at Rs 120, up more than 6 percent today. Nuvama Wealth’s stock has gained 5 percent, Keynes Tech’s stock has gained 4.66 percent. PI Industries’ stock has gained 5.45 percent, KPIT Tech’s stock has gained 5 percent. Apart from this, Solar Industries shares rose by 3.50 percent, Adani Enterprises shares rose by 4.60 percent, Tata Steel shares rose by 4.36 percent, Tata Motors shares rose by 4.21 percent and JSW shares rose by 4.26 percent.

Fall in Asian and Global Markets
After Wednesday’s rise, the global market fell sharply on Thursday. Dow Jones fell by more than 1000 points. It fell by 3 to 4 percent. Apart from this, a fall was seen in the Asian market. Japan’s Nikkei fell by 1400 points. A slight rise was seen in China’s stock market.