Indian stock markets opened higher today (June 27) due to the rise in international stock markets. The Sensex is up 700 points and the Nifty is up 200 points.
U.S. stocks, which have been falling due to inflation for the past few weeks, ended higher by 3 percent on Friday. Its impact was echoed in Asian stock markets. Following Japan and Singapore, Indian stock markets opened higher today. The Bombay Stock Exchange benchmark Sensex rose 700 points. The National Stock Exchange index Nifty was up 200 points at 15,900.
Shares of IT and metal companies rose 2 percent in value. Nifty Auto index value increased by 1 percent.
International crude oil prices have fallen by $ 1 a barrel as the G7 summit continues to debate Iran and Russia. The Indian rupee appreciated by 6 paise to Rs 78.27 against the US dollar.
From a technical point of view, if the same trend continues, the stock markets may see a rise of 2 to 3 percent. at the same time. When the Nifty touches 16,000 points, stock market experts advise caution.