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The stock market can reach rocket-like speed today, all eyes will be on these stocks. Trending Global News

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  • September 19, 2024

There will be a stir in the share market.

Today is a very important day for the Indian stock market. It would not be surprising if the stock market, which was already running in the high zone, sets a new record today. The reason for this is also obvious, as a lot of water has flowed down the Ganga since the market closed yesterday, which means that so much has changed in the country and the world that the stock market is sure to be in turmoil. Let us know which stocks will be in focus in the market today.

After the market closed on Wednesday, two big news emerged. The biggest good news came from the ‘Uncle Sam’ country i.e. USA where after almost 4 years the Central Bank Federal Reserve has announced a 0.50% reduction in its policy interest rate. The second piece of good news comes from the Cabinet decisions of the Government of India.

These stocks will be affected after the decision of the Federal Reserve.

The US Federal Reserve has stopped its fight against inflation. It is clear that when Reserve Bank of India’s Monetary Policy Committee (MPC) sits to decide on policy interest rates next month, it will definitely decide to reduce the loan EMI burden of the common man. will Not only this, after this decision of the Federal Reserve, there is a return in the US stock markets and the changes in the world’s largest economy are sure to have an impact on the whole world.

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America is the world leader in terms of technology and India has no competition in providing technology experts or labor. Meanwhile, rising demand in the US has raised hopes of better days ahead for Indian tech companies such as TCS, Infosys, Wipro, HCL and Tech Mahindra. Therefore, the shares of these companies will continue to be monitored today.

A decision by the Federal Reserve has also affected the dollar index. In such a case, this decision will have an impact on the shares of the banking and finance sector as well. It will be interesting to watch the movements of SBI’s Bajaj Finance, LIC and other banking stakes.

Cabinet decisions will change the fate of these shares.

Late Wednesday night, the US Federal Reserve gave the gift of interest rate cuts. Meanwhile, after the market closed, the news of cabinet decisions came out, due to which the fate of many shares in the market may change today. The government has approved IREDA to raise a fund of Rs 4500 crore. In this case, momentum can be seen in its shares today.

Not only this, the government has also approved Chandrayaan Mission-4. The government is going to spend Rs 2,104 crore on this mission. In such a situation, the shares of companies working in the space sector such as BEL, Bharat Dynamics, Hindustan Aeronautics Limited and DCX Systems could rise sharply.