Stock Market Today: Sensax increased 500 points; 5 main reasons for this stock market rally

Stock market today: Indian On January 28, there was a profit in the stock markets. Sensx and Nifty 50 shine in green on Tuesday. Open at Sensex 75,366.17, kills Intrade high of 1,147 points or 1.5 percent, 76,512.96. The Nifty rose 309 points or 1.4 percent at 22,960.45. Finally, Sensex rose 535 points or 0.71 percent to 75,901.41, while the Nifty closed at 128 points or 0.56 percent closed at 22,957.25.

Still it is in trouble

However, the mid and small cap segment have excelled. The BS mid -cap index ended with a loss of 0.61 percent, while the BS Small Cap index ended with a loss of 1.77 percent. Investors.

Regional index

The Nifty Realty Index increased by more than 2 per cent, while Nifty Bank, PSU Bank, Private Bank and Financial Services Index increased by about 2 per cent. The Nifty Auto Index has increased by more than one percent. Nifty Pharma has declined by more than 2 percent, while the Nifty Media Index has fallen by more than one percent.

What are the reasons for the benefit of the Indian stock market today?

Experts claim that the following five elements have led the stock market psychology. Avento once considered:

1. Banking heavyweight profits

Banking and financial shares in benchmark indices have strongly promoted the market today. Shares of HDFC Bank, ICICI Bank, Axis Bank and Bajaj Finance were closed. Nifty banks and Nifty financial services have increased by about 2 percent after the announcement of foreign currency and money market measures. The RBI said that it would buy government securities (G-SEC) worth Rs 60,000 crore in three installments worth Rs 20,000 crore through Omo Omo. The OMO auction will be held on January 30, 13 and 20 January.

2. Over -Sold Market

Experts estimate that the market will grow after two sessions. Many experts believe that recently the Indian stock market collapse is a chance to buy quality shares. The markets have shown better performance as strong investors and basic things improve. Price are not serious. Healthy corporate income, strong ROE and low FII holdings are supported.

3. Big Caps Fair Valuation

The Nifty 50 has fallen 12 percent from All -Time High. This significant improvement has brought the market price to a reasonable level. This triggers the procurement selected in the large cap on a decline. After the improvement, the market is trading on a proper assessment to suit for a long time (10 years). Investors can take advantage of this opportunity and buy basically strong, high quality stock. Investors are focusing on them because large caps perform a healthy trend compared to the middle and small cap.

4. Pre -Budgate rally

Investors are focusing on Budget 2025 (Budget 2025), which will be introduced by Finance Minister Nirmala Sitaraman on 1 February. There are predictions that the government will adopt financial discretion and announce measures to increase economic development. The demand for the Union Budget is expected to focus on the demand, economic expansion and restoration of investors. Steps are also expected to support private investments such as encouragement and public-private partnership under PLI schemes.

5. Technical factor

“Out of the Nifty 50, 22,800 remains important support area on immediate basis. On the other hand, 23,100–23,150 looks like an interim barrier. Angel, a senior technical and derivative analyst Osho Krishnan, said that the Balish Bhavish is a strong elasticity at 23,350–23,400. The Nifty has been unstable throughout the season and strengthened the market spirit. LKP Securities, Senior Technical Analyst Roopak Dey said that it was possible until the index was close to the closed base, as long as it was at 23,000, it was possible. Immediate support for adverse conditions is 22,800, and if you fall below this level, it will fall to 22,500. The market can provide small relief to the market above 23,000, ”Rupak Dey said.

Reference: The above opinions and recommendations are individual analysts, experts and brokerage organizations, HT Telugu V is not. We recommend investors to contact certified professionals before making any investment decisions.