{"id":490,"date":"2020-06-05T11:33:27","date_gmt":"2020-06-05T11:33:27","guid":{"rendered":"https:\/\/www.invest19.com\/blog\/?p=490"},"modified":"2020-06-05T11:33:29","modified_gmt":"2020-06-05T11:33:29","slug":"why-is-nifty-rising-factors-lifting-the-market-momentum","status":"publish","type":"post","link":"https:\/\/www.invest19.com\/blog\/why-is-nifty-rising-factors-lifting-the-market-momentum\/","title":{"rendered":"Why is Nifty Rising? \u2013 Factors Lifting the Market Momentum"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>This week turned out quite good for Indian benchmark indices and particularly investors who are invested in the stock market. The market has bounced back more than 40 per cent from recent lows of March month. When everybody fall victim of COVID-19 crisis, the market experts suggested to be cautious in the current market and avoid bulk buying. There is no good news in the market at all. Yet financial markets are going higher as if there is nothing to worry about. On one side, the benchmark index NIFTY50 finally reclaimed the psychological level of 10,000 the BSE-SENSEX also climbed above 34,000 levels. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list\"><li><a href=\"#Global_Rally\" title=\"Global Rally \">Global Rally <\/a><\/li><li><a href=\"#Ease_in_Lockdown\" title=\"Ease in Lockdown\">Ease in Lockdown<\/a><\/li><li><a href=\"#Banking_Financials\" title=\"Banking &amp; Financials \">Banking &amp; Financials <\/a><\/li><li><a href=\"#Monsoon\" title=\"Monsoon\">Monsoon<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p>It may seem surprising to a lot\nof people but it ain\u2019t surprising at all. Historically it has happened before almost\nafter every major crisis. But, that\u2019s not the only reason. Other factors are also\nlifting the market momentum which we\u2019re going to discuss below:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Global Rally <\/h3>\n\n\n\n<p>It\u2019s been a few days when the\ndomestic indices are reacting to positive global peers. The global market remained\nstrong today as well, despite the George Floyd killing, the US Market remained\nstrong where its major indices Dow Jones, NASDAQ Composite, and S&amp;P 500 were\ntrading on the higher note as the investors started looking beyond lockdown and\ncoronavirus, towards the economic recovery. The gradual reopening of economies\nafter easing lockdown measures boosted the investors\u2019 confidence <\/p>\n\n\n\n<p>Asian peers also recovered quite\nmuch in a few days. The European market, too, was strong where its major indices\nFTSE100, DAX, and CAC40 were closed in green. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ease in Lockdown<\/h3>\n\n\n\n<p>In lockdown 5.0, the government\nallowed the economic activities in all regions except containment zones. The\nlockdown 5.0 was not the extension of full lockdown and malls, hotels, restaurants,\nschools, colleges, institutions, etc., all have been allowed to open in a phased\nmanner over the next couple of months. <\/p>\n\n\n\n<p>However, the private companies and\nindustries still cannot work at full capacity due to social distancing rule but\nthe ease in lockdowns lifted the market sentiment bringing liquidity in the\nmarket. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Banking &amp; Financials <\/h3>\n\n\n\n<p>The rally in banking &amp; financials significantly\ncontributed to lifting the market sentiment. The recent rally in Bank Nifty\nindicates the optimism for continuation in operating activities in the banking\nsector even with less capacity. <\/p>\n\n\n\n<p>The execution of financial packages for MSMEs, SMEs, NBFCs\netc. already begun by the banks. Stocks like Bajaj Finserv and Bajaj Finance\nwhich hit hard during the lockdown period gained more than 5 per cent in the last\ncouple of days. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Monsoon<\/h3>\n\n\n\n<p>The monsoon reached the country on June 01 which is a matter\nof relief for farmers, investors and especially Indian government as the agriculture\ncontribute more around 17-18 per cent in Indian GDP will be pleased from the\ntimely monsoon in India. At a time when the country is going through an\neconomic crisis, the value of monsoon increases way further. Monsoon is like\nnectar in agriculture. <\/p>\n\n\n\n<p>The timely monsoon this year boosted investors\u2019 sentiment as\nproduction could be strong which would be important to increase the pace of\neconomic recovery in the country. <\/p>\n<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 3,301<\/span><\/div><div class=\"pld-like-dislike-wrap pld-template-1\">\n    <div class=\"pld-like-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0);\" class=\"pld-like-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"490\" data-trigger-type=\"like\" data-restriction=\"ip\" data-ip-check=\"0\" data-user-check=\"1\">\n                        <i class=\"fas fa-thumbs-up\"><\/i>\n                    <\/a>\n    <span class=\"pld-like-count-wrap pld-count-wrap\">5    <\/span>\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>This week turned out quite good for Indian benchmark indices and particularly investors who are invested in the stock market. The market has bounced back [&hellip;] <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/www.invest19.com\/blog\/why-is-nifty-rising-factors-lifting-the-market-momentum\/\">Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":491,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,10],"tags":[136],"class_list":["post-490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market","category-featured","tag-nifty50"],"_links":{"self":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/comments?post=490"}],"version-history":[{"count":1,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/490\/revisions"}],"predecessor-version":[{"id":492,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/490\/revisions\/492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media\/491"}],"wp:attachment":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media?parent=490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/categories?post=490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/tags?post=490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}