Indian Stock Markets Jump Sharply in Early Trade
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India's stock market went up a lot today. The Sensex is a number that shows how big Indian companies are doing. It rose by more than 1,500 points. It went above 74,200.
The Nifty50 is another number for the stock market. It went above 22,300 points. This is also a big rise.
Experts say IT companies helped the market rise. IT means information technology. These are companies that make computer software and services.
The rise happened even though news from other countries was not good. This is called a rally. A rally means prices go up fast.
This was a strong move for the Indian stock market this week.
Vocabulary15 words
- Sensex
- a number that shows how Indian company stocks are doing
- Nifty50
- another number for the Indian stock market
- IT
- information technology; computer work
- rally
- when prices go up fast
- stock market
- a place where people buy and sell parts of companies
- points
- small units used to measure stock market numbers
- rise
- to go up
- shares
- small parts of a company that people can buy
- companies
- businesses
- global
- about the whole world
- trade
- buying and selling
- index
- a number that shows how a group of stocks is doing
- investors
- people who put money into companies to earn more
- sharply
- fast and by a big amount
- news
- information about what is happening
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Quiz
Answer key
1. More than 1,500 points 2. 22,300 3. Information technology
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
India's stock market went up a lot today. The _____ rose by more than 1,500 points. It went above 74,200.
The _____ went above 22,300 points. This is also a big rise.
Experts say _____ companies helped the market rise.
The rise happened even though news from other countries was not good. This is called a _____.
This was a strong move for the Indian stock market this _____.
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