Share Market Today / This week the stock market will be on fire, Nifty can break this record

Share Market Today: 'Pushpa 2', which was recently released in theaters, is winning the hearts of the audience and making a splash. At the same time, the rise of Nifty 50 in the stock market has also excited the investors. It will be interesting to see if Nifty will also set a new record like Pushpa.

Reason for the rise in Nifty and Sensex

Nifty 50 performed strongly in the last trading week. The special thing was that on December 6, Nifty recorded the biggest weekly gain in the last six months. This is being linked to the results of the meeting of the Reserve Bank of India (RBI).

Sensex: Closed at 81,709.12 points with a gain of 2.38%.

Nifty: Closed at 24,677.80 points with a gain of 2.26%.

Return of foreign investors

The major reason for the rise in the market in the first trading week of December was the strong return of foreign investors (FIIs). According to the report of National Securities Depository Limited (NSDL), foreign investors made purchases worth Rs 24,454 crore. This indicates that foreign investors are again showing confidence in the Indian market.

IT and Banking Sector: New Hopes

Experts believe that foreign investors will continue to show strong interest in the IT and banking sectors. Stocks of these sectors are expected to rise.

IT Sector: Global trends and strong performance potential of Indian companies are attracting investors.

Banking Sector: Increasing credit demand and strong financial results have made this sector ideal for investment.

Will Nifty be able to touch the figure of 25,000?

On Friday, the Nifty 50 index closed with a slight decline of 30.60 points at 24,677.80 points, but recorded a gain of 2.7% for the entire week. Experts believe that if the support of foreign investors remains and the economic indicators remain positive, then Nifty can soon touch the figure of 25,000.

What should be the strategy for investors?

Investors should adopt the following strategies while keeping an eye on the market movement:

Long term view: Investing in IT and banking sectors can be profitable.

Analysis of technical indicators: Trend and support-resistance points should be kept in mind before investing at Nifty levels.

RBI's next policy: Will play an important role in deciding the direction of the market.

Conclusion

While Pushpa 2 is making a splash at the box office, Nifty has also made investors optimistic. The role of foreign investors and the impact of economic policies on market performance will be important in the coming weeks. Will Nifty break the record of 25,000? Only time will tell. Till then, investors need to remain cautious and take advantage of the opportunities.