Indian Stock Market Undergoes Massive Changes Under The Influence Of External Forces

Highlights

• Indian stock market fell to a flat score recently on 16th July
• The volume of the market has increased due to the presence of an external workforce
• Cyient and GTL Infrastructure have scored well in terms of profit during this hour.

The Indian stock market fell down to an almost flat score on July 16th. The interest which had been mentioned in the saga has returned to the larger capitals. The volumes have expanded as well. The highs are quite unusual for a market like India. There are some mixed Asian and European influences as well on the Indian stock market.

Prevalence Of IT Stocks

The IT stocks have made sure that the profit-booking techniques might have some good numbers from Infosys and Wipro. Realty, telecom, and metals stocks have also been gained in the market. There are some new-age companies like IRCTC, BSE, ICICI Sec, CDSL, Angel Broking et cetera. These stocks are attracting new investors who are trying to opt for fresh buying. The long-term growth trajectory can also mean that there are some encouraging numbers on these stocks. The 1.49 percent gain has also been achieved in the case of Nifty within a period of one week. Two weeks of losses have been recovered with this change in the system.

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Rise Of New Companies In Stock Market

Cyient is a multinational tech company that has scaled more than 26.99 percent in the BSE. The last week has seen the rise of companies that require precision in trade. The price of the stocks in the case of Cyient has risen from 851.15 INR to 1080.90 INR. This has ensured that the company will have a 25 percent return from the stockholders within the one-week time frame.

Similarly, GTL Infrastructure has raised its stock values from ₹2.78 per stock mark to ₹3.50 at BSE in one week. This organization has 28,000 towers in over 23 telecom cities all across India.

Such is the beauty of the stock market is that it can change anytime there is a slight alteration in the market. There are times when there will be some devastating changes as well but in most cases, the companies can bring themselves up from the wasteful scenario.

Also, Read India And Pakistan Placed In The Same Group In T20 World Cup

What Do You Think Is Responsible For This Change?

Do you think that the Indian stock market is undergoing a massive change under the multinational companies in the market? Let us know your views in the comment section below. 

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