Positive news came in the Indian stock market, keep an eye on these stocks
Positive news came in the Indian stock market: Another bullish trend is visible in the Indian stock market today. Amid positive signs in the global market, with the recovery in all the stock markets of the world, investor confidence has been seen returning in the US stock market. Therefore, the impact of the global positive sentiment will be visible on the Indian market as well and the rally will be turned upside down.
In the last trading session yesterday i.e. on Tuesday, a tremendous jump was registered in the Indian stock market. With this, the decline going on for the last six seasons was broken. Even today, due to the rise in the global market, the investor sentiment remains positive and the market seems to be in a bullish mood for the second consecutive day.
In Tuesday’s trading session, the Sensex closed 403 points higher at 62,533, while the Nifty advanced 111 points to 18,608. Experts say that the effect of the boom in the global market will be clearly visible in today’s business and investors can insist on buying. There is a bullish trend in all the stock markets including America, Europe and Asia at this time, due to which the investor sentiment is expected to remain positive.
European market in bullish range
After the US, most of the European stock markets also gained during the previous trading session. Germany’s stock exchange, one of Europe’s major bourses, closed the previous session up 1.34 per cent, while the French bourse rose 1.42 per cent. Apart from this, the London Stock Exchange has also gained 0.76 percent.
Asian markets boom
Asian stock markets are trading on the open and green mark with a sharp rise this morning. Singapore Stock Exchange rose 0.47 per cent and Japan’s Nikkei rose 0.55 per cent. Apart from this, Taiwan’s stock market is trading with a gain of 0.94 percent while South Korea’s Kospi stock market is trading with a gain of 0.90 percent.
Bet on these stocks
Experts estimate that there are many such stocks in today’s business, by betting on which investors can earn huge profits. Such stocks are called high distribution percentage stocks and today stocks like Alkem Laboratories, Indian Hotels, Mphasis, Godrej Properties and HDFC Life Insurance Company fall in this category.