Sensex surges 1000 points, Nifty up 343 – Investors rejoice as market hits new highs

Stock Market News: The stock market is witnessing a boom since the opening session today. Talking about Sensex, it recorded a jump of 1000 points and Nifty by more than 300 points. Due to which there was an atmosphere of happiness among investors.

What is the status of Sensex?

Talking about Sensex, last time it closed at 80597.66. While today after the holiday period, Sensex recorded a good jump of 1022 points and it touched the level of 81619.59. At the time of writing the news, Sensex was trading at 81608 points.

Horse racing in Nifty too

While Nifty also closed at 24631.30 points last time, today Nifty directly touched the level of 24968.85 at the beginning of trading. So far, Nifty has increased by 343 points. Due to this, there has also been a huge increase in investor capital.

Why is the market bullish?

There were already signs of bullishness in the stock market because on the one hand, the American stock market closed in the green zone while the Asian markets have also returned to life. During this, the GIFT Nifty also recorded a jump of 333 points. On the other hand, Prime Minister Modi has indicated changes in the GST structure. Its impact is also being seen on the market. Along with this, there is a possibility of a loosening of the mood regarding tariffs against India after the meeting of Trump and Putin.