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Sensex, Nifty bring great news on Monday

Monday, April 1, 2019 • Tamil Comments
Bala Vignesh
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Sensex, Nifty bring great news on Monday

The stock markets are on a high on Monday. The S&P Sensex touched a record high of 39,017, rising by over 300 points. ICICI Bank, Infosys, L&T, TCS and HDFC Bank performed super well.

For the Nifty50, it crossed the 11,710-mark.

The reasons for the high performance are two-fold: Markets are expecting the RBI to cut interest rates, and the global scenario is looking up on the back of possible improvement in China-US trade ties. Gobal sentiment has its effects on the Indian market from time to time.

There is also a feeling that political stability and policy continuity is assured if the Narendra Modi government is voted back to power in May.

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