Stock markets reached new highs in the sixth week too, reasons which are helped to stock markets closing with gains.
- Internationally, US Federal Reserve Chairman Jerome Powell signaled that there is little need to tighten the policy aggressively.
- Commercial Agreements between America and Mexico tends to positively towards international markets; Asia and Europe markets are indices are moved up with boosting speed.
- Since the past 3 months, Reliance Industries Limited and S&P SENSEX has been increased to ₹400 and 3700 points respectively. RIL almost 1300 points in 3700 points i.e., 1/3 S&P SENSEX increase by RIL.
- Short-Positions covered by the investors of August Derivatives closed on Thursday.
- Strong gains in Metal, Power and Auto stocks.
- On Friday BSE continued the loss of three days, where as NSE closed with 4 points gain on the last day.
- Crude Oil also closed with 195 rupees rise on Thursday commodity market closing.