Indian market outlook June 25 post Israel-Iran truce :
Today Nifty 50 and Sensex: The Gift Nifty indicators also point to a successful start for the Indian benchmark index. The Gift Nifty was trading at a premium of around 103 points over the previous closing of the Nifty futures,at the 25,175 level.
Following positive global market signals following Israel and Iran’s ceasefire agreement, which ended the war, the major Indian stock market indices, the Sensex and Nifty 50, are probably going to open higher on Wednesday.
The Indian benchmark index is off to a good start, according to Gift Nifty’s tendencies. The Gift Nifty was trading at a premium of around 103 points over the previous closing of the Nifty futures, at the 25,175 level.
Tuesday saw a better closing for the local equity market, with the benchmark Nifty 50 closing above the 25,000 mark.
The Nifty 50 closed 72.45 points, or 0.29%, higher at 25,044.35, while the Sensex increased 158.32 points, or 0.19%, to close at 82,055.11.
Disclaimer: bharatbulletin24x7.com does not endorse the opinions or suggestions expressed above; rather, these represent the opinions of individual analysts or brokerage firms. Before making any financial decisions, we encourage investors to consult with qualified professionals.
