desk
Share
News Topical, Digital Desk : On Friday, the stock market opened new hopes for the bulls. Nifty has shown a spectacular rise of more than 300 points on the last day of the week. The index has crossed 25100 in one go, breaking the range of the last several days. Struggles are going on all over the world but the Indian market has left all this behind. This is raising hopes that the market is preparing to reach a record high. Market watchers believe that this is possible, the market is just waiting for these triggers
Which trigger is awaited?
CNBC Awaaz's Managing Editor Anuj Singhal believes that the domestic signals for the market are strong and the market is ready to reach new heights. He is waiting for only one signal. If the Middle East crisis ends and due to this the price of crude falls below $ 70, then the way for a new rally will open in the market and the market can go towards a new record level. Not only this, with this trigger, the way for a gain of 1000 points will also open for Nifty. However, he also said that even if this trigger does not come now, he believes that this year the market can reach new heights. It is expected that the market can give a gift on Diwali. And the trigger for this will be found from the quarterly results starting after 2 weeks. Which will be the next big trigger for the market. He said that the market is now looking for domestic signals. On Friday, the market saw a surge due to domestic signals. What is the opinion of industry experts? According to industry expert Sunil Subramaniam, apart from this, another trigger is Trump's tariff policy. He said that half of the way to the lifetime high will be crossed as soon as the uncertainty about the tariff policy ends. At the same time, he also believed that the fall in crude oil prices will also be a big trigger. Regarding the results, he said that if it lasts for more than a month, then it will gradually show its effect on the market.
--Advertisement--
