Indian Stock Market Jumps as Oil Prices Fall
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Indian stock markets went up a lot today. The Sensex is a number that shows how Indian stocks are doing. It went up by 1,000 points. The Nifty is another stock number. It went above 23,300 points.
Experts say oil prices are falling. This made people feel good about stocks. When oil is cheaper, companies can save money. This can help stock prices go up.
News reports say there are seven reasons for this rise. The rise added about Rs 4 lakh crore in value. This is a very big number of rupees.
A lakh crore is a huge amount of money in India. One lakh crore equals ten trillion rupees. Investors were happy with the market today.
Many people who buy and sell stocks are called investors. They watch the market every day. Today was a good day for them in India.
Vocabulary15 words
- Sensex
- a number that shows how big Indian companies' stocks are doing
- Nifty
- another number that shows how Indian stocks are doing
- lakh crore
- a very big amount of money in India
- investors
- people who put money into stocks to make more money
- oil prices
- how much it costs to buy oil
- stock market
- a place where people buy and sell parts of companies
- rally
- when stock prices go up fast
- points
- small numbers used to measure stock market levels
- factors
- reasons why something happens
- confidence
- feeling sure and good about something
- value
- how much money something is worth
- trillion
- a very, very big number
- rupees
- the money used in India
- experts
- people who know a lot about something
- boost
- to make something bigger or better
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Quiz
Answer key
1. 1,000 points 2. Falling oil prices 3. Rs 4 lakh crore
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Indian stock markets went up a lot today. The _____ is a number that shows how Indian stocks are doing. It went up by _____ points. The _____ is another stock number. It went above _____ points.
Experts say _____ prices are falling. This made people feel good about stocks. When oil is cheaper, companies can save money.
News reports say there are _____ reasons for this rise. The rise added about Rs _____ lakh crore in value.
Many people who buy and sell stocks are called _____. Today was a good day for them in India.
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