Amid peace in West Asia, the market rose for the fourth consecutive day, Sensex rose by 140 points, these stocks jumped:

News Topical, Digital Desk : Stock Market Today: Due to peace after ceasefire in West Asia, the market has gained momentum for the fourth consecutive day on Friday, the last trading day of the week. The expectation of rate cut from the US Federal Reserve and softening of crude oil prices have also strengthened the market. After this, the 30-point Sensex on BSE was trading at 83,844.93 at around 9:15 am, up 140 points. While Nifty-50 on NSE also jumped 25.35 points and opened at 25,574.35.

Akzo Nobel shares jump

Today the rupee again strengthened by 20 paise to open at 85.51 against the US dollar, a day before on Thursday the rupee closed at 85.71.
On the other hand, JSW Paints has signed an agreement to buy the stake. Under the deal to buy the entire stake with Akzo Nobel, its total value will be Rs 9400 crore. This agreement has been made at Rs 2762.50 per share. After this, a jump of 7 percent is being seen in the shares of Akzo Nobel today.

Dr. VK Vijay Kumar, Chief Investment Strategist, Geojit Financial Services, says that the continuous fall in the value of dollar and strengthening of rupee in the currency market development has also given strength to the Indian market. Along with this, due to the increase in the flow of foreign institutional investors, a total investment of Rs 12,594 crore was made a day earlier.

Global market boom

Asia Pacific markets also looked strong on Friday. Japan's Nikkei jumped 1.22 percent due to the positive message from the White House amid a soft stance on the tariff deadline, while the Topix index rose 1.1 percent. Along with South Korea's Kospi, Australia's ASX 200 also registered a jump of 0.4 percent. If we talk about the US market, the market saw a rise on Thursday and while the S&P 500 rose 0.8 percent, the Nasdaq Composite rose 0.97 percent and the Dow Jones gained 404.41 points.

Sensex rose 1000 points a day earlier

Last Thursday, the market witnessed a huge boom due to the reduction of geopolitical tensions. While the Sensex rose by 1000 points, the Nifty also jumped by 304 points. Market experts believe that peace in West Asia and positive trends at the domestic level have strengthened investor sentiment.

Ajit Mishra, Vice Chief Research, Religare Broking Limited, says that on the day of settlement of monthly futures contracts, the markets rose by more than 1%. The session started with positive trading, behind which better global signals played an important role. Buying in select big companies strengthened the rise.