00:00In Maharashtra, due to the election of the Vdansabha, the share market across the country is closed on Wednesday.
00:10Bombay Stock Exchange BSE and National Stock Exchange NSE have kept a business holiday of one day for the convenience of voting in other parts of Mumbai and Raja.
00:21What will be the impact of the upcoming elections on the Indian share market?
00:26How will this election determine the direction of the market?
00:29We will tell you about all this in this video.
00:32According to the BSE trading holiday list, all equity segments, equity derivative segments and SLB segments are closed.
00:40On the day of the election on behalf of the Maharashtra government, a public holiday has been announced and normal business will resume in the market tomorrow.
00:49At the beginning of the week, after the pressure of Bikwali, there was a surge in domestic share markets on Tuesday.
00:56Market experts have said that due to the oversold situation, the Indian index has risen again.
01:02However, foreign investors are still net sellers.
01:06Yesterday, on November 19, foreign investors sold shares worth Rs 3,411.73 crores.
01:14While domestic investors bought equity shares worth Rs 2,783.89 crores.
01:21Banking and market experts have said that due to the decline in Indian shares, it is still present to a large extent.
01:28According to them, the Bikwali of the FPI is slowing down the speed of corporate decline, slow financial growth and high retail interest rate development.
01:41In the Indian market, Tuesday's surge should be seen as a surge from the oversold zone.
01:47If we talk about Sensex Nifty, Sensex Nifty closed at 77,578.38 with an increase of 249.38 or 0.31%, while Nifty closed at 64.70 or 0.28% with an increase of 23,518.50.
02:09According to NSE, Nifty Auto, Media, Realty and Consumer Durable sectors closed at the highest speed, while Metal, PSU Bank and Oil and Gas shares also fell.
02:22After this, due to the exit of foreign investors, in the month of November, the share market was in a slump.
02:29According to NSDL figures, after a heavy exit of Rs 1,13,858 crores in October, Rs 22,420 crores were withdrawn in the first 15 days of November.
02:43After this, the increase in the American Treasury bond yield will also have a strong impact on the market, while strong dollars can increase the pressure in the coming weeks.
02:53In this case, what do you investors think about this market analysis regarding the election?
02:59What is your opinion? Do tell us in the comment box.
03:02And for such updates, keep watching Good Returns.
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