stock market
Even though there was a decline of about one percent in Sensex and Nifty in the initial trading session on Monday, a jump of 932 points was seen in Sensex from the lower level. A similar rise has been seen in Nifty. But if you want to check the bullish mood of the stock market, then you can look at the data after the 52-week lower level of April 2. Since then, Sensex has seen a rise of up to 9 percent. On the other hand, a rise of more than 9 percent has been seen in Nifty.
Now the biggest question is whether the effect of Iran War is over on the stock market. This question is also important because the war between Iran and America has not ended. The two-month long ceasefire ended midway. After that the conflict between the two countries increased further. According to the report, Iran has once again closed Hormuz. Even after the initial decline in the stock market, there was a rise again.
According to stock market experts, the Iran and America war has now discounted the stock market. No matter how intense the conflict between these two becomes in the coming days, there will not be much fallout. Even the Sensex may soon reach the level of 80 thousand points. On the other hand, the effect of withdrawal of foreign investors, rise in IT shares and less impact of AI on the stock market will be clearly visible. Let us try to understand it in some detail…
The market has absorbed the impact of the war
According to stock market expert Ajay Kedia, if we look at the trend of Sensex and Nifty in the last few months, it clearly shows that the stock market has digested the impact of the war. He said that from the beginning of the war till the ceasefire, things were quite unpredictable. Due to which a lot of fluctuations were seen in the stock market. In such a situation, there was a decline in Sensex and Nifty for most of the time. This was also the reason that on April 2, the stock market had reached its lowest level of 52 weeks.
In recent weeks, when Trump talked about the end of the ceasefire and conflict between the two countries started again, things and the atmosphere have become completely predictable. Because of which stock market investors are already prepared for any situation. He said that now the negative impact on the stock market will be seen not due to external reasons but due to internal reasons. In which the effect of monsoon and GDP figures are going to be important.
9 percent jump in 100 days
The special thing is that in the last 100 days the stock market has seen a rise of more than 9 percent. On April 2, both Sensex and Nifty were at their 52-week low. Where Sensex had reached lower level with 71,545.81 points. On the other hand, Nifty had reached its lowest level of 52 weeks with 22,182.55 points. Since then, Sensex has seen a rise of about 9 percent and Nifty has seen a rise of 9.36 percent. Whereas on February 27, Nifty closed at 25178.65 points. Since then till April 2, Nifty had fallen by 13 percent. The Sensex had closed at 81,287.19 points on April 27, since then till April 2, a decline of up to 12 percent has been seen in the Sensex.
Will Sensex touch the level of 80 thousand soon?
According to Kedia, there is no possibility of Sensex touching the level of 80 thousand soon. He estimated that the Sensex may appear at the level of 79,500 points in the coming days. He said that Sensex has tremendous support at the level of 77500. Due to which the Sensex may see a rise of about 2.50 percent from the current level. On the other hand, Nifty also has a strong support level of 24000 points. Due to which, in the coming days, Nifty can see a level of 24700, which is seen to be more than 2 percent from the current level.
Due to which factors can the market rise?
- The impact of AI is over: In the past months, the markets of Korea and Taiwan had reached their peak due to AI stocks. Both the markets had seen a growth of 100 percent in the current year. During that period, there was a significant decline in India’s IT stocks. But at present the Korean market has fallen by more than 25 percent from its peak. This means that the impact of AI stocks has now reduced or ended.
- Rise in IT shares: There was a big decline in IT shares in May-June. Ever since profit booking has been seen in AI stocks in the markets of Korea and Taiwan, there has been a growth in the IT sector of the Indian stock market. BSE IT was at a 52-week low on July 1. In which till now an increase of up to 13 percent has been seen. At the same time, the quarterly results of TCS, the country’s largest IT company, have been much better. Because of which the sentiment has become quite good.
- Buying by foreign investors: On the other hand, the impact of purchases by foreign investors is also visible. Which may continue in the coming days also. So far in the month of July, foreign investors have invested Rs 18,314 crore. Which has been seen the most after February 2026.
Stock market closed on positive note
On the other hand, the stock market closed on a positive note on Monday. Bombay Stock Exchange’s main index Sensex closed at 77,616.40 points with a gain of 47 points. Whereas in the morning session the Sensex fell by more than 700 points to 76,857.43 points. After that, it saw a rise of more than 900 points and the figure came to 77,789.29 points. At the same time, the main index of National Stock Exchange Nifty closed at 24,211 points with a rise of 4 points. Which had come down to 24,000 points during the trading session. After that, there was a rise of more than 250 points in Nifty and it reached 24,259.80 points.
