Share Market Opening: Amid all the positive reactions from stock markets around the world following Trump’s victory in the US Presidential election, the Indian stock market is surprisingly crashing today after opening. Market enthusiasts had predicted that the market would show strong gains, but despite the positive reactions yesterday, the Indian stock market is experiencing a red impact today.
Indian Stock market trading lower than expected
On Thursday (7 november, 2024), the fourth day of trading this week at 10 AM, the market turned red, as the BSE Sensex was 844 points, or 1.05 % lower, at 79,533, and the Nifty 50 was at 24,221, down 262 points, or 1.07%.
Earlier on the last trading day Wednesday (6 November, 2024), there were only positive reactions from the markets all around. Sensex and Nifty 50, settled down in green, The stock market maintained the surge during the trading session on Wednesday.
Share Market Yesterday
Indian stock market saw its biggest one day gain in last six weeks, After everyone’s favorite, Donald Trump claimed the victory, Investor’s sentiments were boosted. The stock market maintained the surge during the trading session on Wednesday. The Sensex surged over 1,000 points to reach the day’s high at 80,569.73 points. Nifty50 index also jumped more than 300 points to reach 24,537.60 level. However, analysts speculate that this positive movement might not last long and is likely a short-term effect rather than a sustained trend.
