India's Stock Market Jumps Sharply in Big Rally
Listen to the story
India's stock market went up a lot today.
The Sensex is a big list of top Indian companies. It rose more than 1,200 points.
The Nifty50 is another big stock list. It went above 23,800 points.
The Sensex grew by 1.62%. This is a strong rise.
It also hit a new record high during the day. A record means the highest ever.
Experts say foreign money helped the market. This is called foreign fund inflows.
Foreign investors put money into Indian companies. This made stock prices go up.
Oil prices also became lower. Lower crude oil prices help many businesses.
When oil is cheaper, companies can save money. This makes investors happy.
The market rally had five main reasons in total. Lower oil and foreign money were two big ones.
Many investors felt positive about India's economy today.
Vocabulary15 words
- Sensex
- a list that shows prices of big companies in India
- Nifty50
- another list showing prices of 50 big Indian companies
- record
- the highest or best ever
- foreign fund inflows
- money that comes from other countries into a market
- crude oil
- natural oil used to make fuel
- rally
- when prices go up quickly
- stock market
- a place where people buy and sell parts of companies
- investor
- a person who puts money into something to earn more money
- economy
- how money and business work in a country
- closing
- the end of the trading day
- intraday
- during one day
- points
- numbers used to show how much a stock index moves
- surge
- a sudden strong rise
- fuel
- something burned to make energy, like oil
- positive
- good or hopeful
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Quiz
Answer key
1. Over 1,200 points 2. Foreign fund inflows and lower oil prices 3. 23,800
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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 _____.
The _____ is a big list of top Indian companies.
It rose more than _____ points.
The _____ went above 23,800 points.
The Sensex grew by _____.
It also hit a new _____ high during the day.
Experts say _____ money helped the market.
Oil prices also became _____.
Lower _____ oil prices help many businesses.
The market rally had _____ main reasons in total.
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