The mourning of the stock market is over, the market rose today, who supported the sinking Sensex? Trump's tariff hunter is also ineffective

Share Market Jumped: The ongoing decline in the share market has been halted today. Sensex has seen a rise today. The gloom that had been prevailing in the share market for the past 10 days has turned into happiness today and the Sensex has jumped. 

Due to the return of gaiety in the share market on Wednesday, the market cap of BSE listed shares has jumped to Rs 8 lakh crore. The market cap of BSE listed companies has reached Rs 392 lakh crore. 

Why share market is Jump: The ongoing decline in the share market has been halted today. Sensex has seen a rise today. The gloom that had been prevailing in the share market for the last 10 days has turned into happiness today and Sensex jumped. The share market has returned to its glory today and Sensex jumped by 900 points. 

Sensex and Nifty also ignored the tariff threat of US President Donald Trump. Neither the selling by foreign investors could dominate today nor the bickering between the US and China. In such a situation, there is definitely a question in the minds of investors that who is behind this sudden rise in the share market?  

8 lakh crores returned

On Wednesday, the market cap of BSE listed shares jumped to Rs 8 lakh crore due to the return of shine in the stock market. The market cap of BSE listed companies reached Rs 392 lakh crore. 

The stock market recovered today, while the US markets witnessed a sharp decline. Now let us also understand the reason behind this. At the time of writing the news, the Sensex  

Who is behind the boom in the market? 

The market has returned to a boom today due to the reduction in selling by FII i.e. foreign investors and some good news. After a long decline, the market has been able to recover from the lower level. 

Amidst the news of tariff war, the market is reacting more to positive news and recovery is being seen in the market. Not only this, the market got strength due to the fall in crude oil dollar and bond yield.  

Trump's Tariff Hunter 

The tariffs that US President Donald Trump unleashed as soon as he came to power have not only devastated the global market but also the Indian market. 

Trump has increased tariffs on Mexico, Canada and China. 25% tariffs were increased on Canada and Mexico, but now Trump has started getting answers for them. 

Along with Canada and Mexico, China has also talked about increasing taxes on American goods. In such a situation, now the news is also coming that Donald Trump can announce an agreement with Canada and Mexico. 

CNN has written in its report quoting US Commerce Secretary Howard Lutnis that in this agreement, the 25% tariffs imposed by Trump on Canada and Mexico can be withdrawn. The market is excited due to the possibility of Trump withdrawing the tariffs. The market boomed as the investors' confidence increased. 

China's response leaves US markets in mourning

In response to the US tariff, China imposed a 15 percent tax on some US goods. China's tit for tat reply gave a befitting reply to the US. 

According to experts, the US will suffer losses due to the retaliatory tax imposed on it by China, Canada and Mexico. Due to this, there is a danger of inflation rising in the US. The Federal Reserve may increase interest rates. This may also affect the US stock market.     

Benefit from a fall in bullish prices

Not only this, the fall in crude oil prices has also supported the market. Crude oil prices reached the level of $ 70 per barrel, which is a positive sign for the Indian economy.