The pressure in the Indian stock market continued on Wednesday as both the benchmark indices opened in the red, weighed down by persistent selling by foreign investors.
The Indian stock market closed with strong gains on Tuesday, driven by a rally in IT, pharma, and FMCG stocks, as investor sentiment improved amid rising expectations of a US interest rate cut later this month.
Indian stock markets fell for the third straight session on Friday, waiting for positive cues after the US decision to impose a 50 per cent tariff on Indian goods.
The participants in the Indian stocks markets will closely monitor various India Purchasing Managers' Index (PMI) of HSBC, US Fed interest rate decisions, foreign fund crude oil prices, and the action of newly appointed Reserve Bank of India (RBI) Governor, Sanjay Malhotra, according to t
Indian equity indices, the BSE Sensex and NSE Nifty50, both ended in the red on Tuesday, due to the losses in banking, Auto, and financial sector stocks.
Snapping six-day losses, Indian stock indices closed in green Tuesday, primarily due to buying at lower levels and with BJP heading for a third straight term in Haryana.
Indian stock indices closed in red Monday, logging sixth straight session losses, with analysts attributing the fall to a consolidation after the recent bull run.
Stock indices in India continued to march ahead, touching fresh highs for the fifth straight session on Thursday. Sensex almost touched 86,000 at one point today.