Indian stock market may open with a boom due to fall in inflation in America

Stock Market Today Live: There are good signs for the Indian stock market even today. Due to the tremendous boom in the global market, the Indian stock market is expected to open with a boom. SGX Nifty is trading at 18,810 with a gain of 109 points.

global market boom

In the US, the inflation rate declined for the month of November, after which the US stock markets closed sharply. Dow Jones closed with a gain of 103 points (0.30 per cent) while Nasdaq closed with a gain of 113 points (1.01 per cent). Due to these signals, there is a boom in the Asian stock markets as well. Nikkei is trading with 0.67 percent, Straight Times 0.38 percent, Kospi 0.79 percent, Set Composite 0.17 percent, Jakarta 0.34 percent, Taiwan 1.07 percent. At the same time, the Shanghai 1.46 percent Hangseng is trading with a decline of 0.08 percent.

Purchase of Domestic – Foreign Investors

On Tuesday, December 13, tremendous buying was seen from the side of foreign institutional investors. Foreign investors have bought shares worth Rs 620 crore. At the same time, domestic institutional investors have bought shares worth Rs 36.75 crore. Domestic institutional investors have continuously bought the market for the last five trading sessions.

keep an eye on these stocks

Paytm’s board has approved share buyback of Rs 850 crore. Due to which action can be seen in the stock. After the approval of the appointment of the member of foreign investors in Yes Bank, the stock of Yes Bank will also be monitored. Shares of UltraTech Cement, Axis Bank, TVS Motors are in the news.

crude oil boom

The price of crude oil has crossed $80 per barrel. After the fall in the inflation rate in the US in November, investors are investing in risky assets, due to which crude oil has gained momentum.