00:00This week is going to be a blast for the Indian share market.
00:04Because the market's main index is making records almost every day.
00:07Today, on September 19, Sensex and Nifty touched the record high in the initial trend.
00:13For the first time, Sensex crossed the level of 83,750 and Nifty crossed the level of 25,600.
00:19What is the trigger of the fast in the Garilu market?
00:22And how much profit did Nivishco get in today's fast? Let's find out.
00:26Namaskar, I am Digvijay Singh. Welcome to Good Returns.
00:30In the Garilu stock market, when Nifty's weekly expiry is on Thursday, we are seeing a strong fast.
00:37In the initial business, the IT sector did the job of filling the market with enthusiasm.
00:41Apart from this, we also saw a strong boost in realty and banking shares.
00:45Recovering from yesterday's downturn, we are seeing a strong buy in IT shares today.
00:51Apart from this, there was a strong buy in the FMCG sector as well.
00:56In Nifty, FMCG shares like Nestle and HUL have forced the index to stay in the green.
01:05In the market, the total market cap of the listed companies listed on BSE has reached around Rs. 471 lakh crores.
01:14The biggest reason for the fast in the share market is good signals from the global market.
01:19When the ACI market opened in the morning, the gap opened again.
01:22In the markets of Japan, Hong Kong and China, there was a fast of around 2.5%.
01:28The trigger for the fast in these markets was the decision of the US Central Bank Federal Reserve.
01:33In which, for the first time in 4 years, a cut-off was announced.
01:38According to estimates, a cut-off of 50 basis points was made in the FOMC meeting.
01:44In the US, the FOMC is now in the range of 4.75% to 5%.
01:51Which was earlier in the range of 5.25% to 5.5%.
01:54The good thing is that the Federal Reserve has announced two more cuts in the current year, i.e. 2024.
02:00Apart from this, in the year 2025, a cut-off of 100 basis points and in 2026, a cut-off of 50 basis points is estimated.
02:08After the US, the possibility of a cut-off in the interest rates in India is increasing.
02:13The Chief Investment Strategist of Jiojit Financial Services, Dr. V.K. Vijay Kumar said that
02:19for the past two months, the interest rates in India have been below 4%.
02:25In this case, the Reserve Bank can make a cut-off in the interest rates twice before March 2025.
02:31In this regard, the rate-sensitive sector, especially the banking sector, can benefit from this.
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