nifty, Bulls who took revenge by cheating.. Bears in great sadness! – bulls come back with their revenge on bears sensex up 1260 points in a single session

Over the past few weeks, the stock market has continued to rise. However, before Nifty touched 18000 level, the stock market began to decline from August 19. At that point, the Bears were deemed to have started the game.

Later the stock market was seen with volatility. Last Friday, US Federal Reserve Chairman Jerome Powell spoke at the ‘Jackson Hole’ event. He then said that the interest rate will continue to be raised to control inflation.

He said that interest rates could be raised further and that he was willing to sacrifice growth to reduce inflation. US stock markets plummeted following his speech.

The problem is when September comes.. Bad time for the stock market!
In response to this, the Indian stock market also fell sharply yesterday. Hence, the stock market was expected to decline today as well. But, as the Asian stock markets opened positive this morning, the stock market in India also started positive.

The stock market, which started hot from the beginning, continued to rise. Sensex rose by 1564 points. Nifty rose 446 points. Bank Nifty rose 1260 points.

Bears expected the stock market to fall due to fears of inflation, rising interest rates, and recession. But the Bulls did it without sinning in one day.