Practice English with NewsPractice with News
Business213 words2 min read

India's Stock Market Jumps Sharply in Big Rally

0:00 / 0:00

Listen to the story

India's stock market saw a strong rally today, with major indexes rising sharply.

The Sensex, which tracks top Indian companies, gained over 1,200 points by closing.

This was a jump of 1.62%, and it reached a new record high during the day's trading.

The Nifty50, another key index, crossed the 23,800 mark for the first time in a while.

Analysts pointed to several reasons behind the rise. One major factor was strong foreign fund inflows.

This means foreign investors bought large amounts of shares in Indian companies, pushing prices higher.

Another important reason was the easing of crude oil prices around the world.

Lower oil prices usually benefit businesses because energy costs go down.

This can lead to higher profits for companies, especially those in manufacturing and transport.

When costs fall, investors often feel more confident about future growth.

The report mentioned that there were five main reasons behind this market rally in total.

While the full list of all five reasons was not fully detailed, foreign investment and oil prices were highlighted as key drivers.

Markets had already started rising in early trade and kept climbing throughout the day.

By the end of trading, both the Sensex and Nifty50 recorded strong gains, showing positive investor sentiment across the board.

Vocabulary10 words

rally
a quick rise in prices
Sensex
a number showing prices of top companies in India
record
the highest point ever reached
Nifty50
an index showing 50 major Indian companies
foreign fund inflows
money coming from other countries into the market
crude oil
unrefined oil used to make fuel
analyst
a person who studies markets and explains trends
index
a number that shows how a group of stocks is performing
investor sentiment
how investors feel about the market, good or bad
manufacturing
the making of goods in factories

๐Ÿ“š Ready to use these words in a real conversation?

Practice live with a real tutor on Preply.

Preply โ€” learn a language with a live tutor

Quiz

1. By how much did the Sensex rise at closing?
2. What percentage gain did the Sensex record?
3. Which two factors were named as reasons for the rally?

โœ… Nice work on the quiz!

Keep the momentum going โ€” book a live English lesson with a Preply tutor.

Preply โ€” learn a language with a live tutor

Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

India's stock market saw a strong _____ today, with major indexes rising sharply.

The _____, which tracks top Indian companies, gained over 1,200 points by closing.

This was a jump of _____, and it reached a new record high during the day's trading.

The _____, another key index, crossed the 23,800 mark for the first time in a while.

One major factor was strong _____.

This means foreign investors bought large amounts of _____ in Indian companies.

Another important reason was the easing of _____ prices around the world.

Lower oil prices usually benefit businesses because _____ costs go down.

The report mentioned that there were _____ main reasons behind this market rally.

By the end of trading, both indexes recorded strong _____, showing positive investor sentiment.

Discussion questions

  1. Why do you think foreign investment affects a country's stock market so much?
  2. How can lower oil prices help businesses and investors?
  3. Do you follow stock market news in your own country? Why or why not?
  4. What other factors might cause a stock market to rise or fall quickly?

๐ŸŽ“ Enjoyed this story?

Turn today's reading into real speaking practice with a live Preply tutor.

Preply โ€” learn a language with a live tutor

More Business stories