The Indian markets also saw a major rise on Monday as trading in the United States market had seen a similar trend. This was all due to the optimism on the trade talks with China, which has been the prime focus of the market investors all year long. The trading opened pretty stable, which was not expected, and then it took towards a growth trend, which got the investors and analysts excited, and they were back in the markets to invest.
The highlight of gain was Bharti Airtel stock, which was seeing a declining trend in the past three trading sessions and was expected to continue this on Monday, but it surprised everyone as it recorded a 7 percent gain on Monday trading. The media and entertainment-related stocks were the major losers in the trading session, which saw Zee entertainment take a hit of 5 percent, which was not expected, and among the other losers were Network 18 and Radio City. The metal stock trading was also a pretty good one on Monday as the optimism in trade talks led to a rise in the demand for materials.
So this week is expected to be pretty good in trading but there could be major flip too as the Finance minster has announced some major tax cuts for the corporates so we think that this might change the corporate outlook completely and the investors will be investing in these stocks once the bill shows signs of becoming a legislation
Tags : trade, stock, india, Bharti Airtel stock, Zee entertainment,