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.
The selling pressure continues in the Indian stock markets as the Nifty fell more than 4 per cent in the last 5 sessions, while the Sensex declined by 4.3 per cent in the last 5 trading sessions.
Stock indices in India remained largely steady through Tuesday, to settle the session marginally low, due to continued profit booking. This is the third consecutive session fall in the indices.
The rally in Indian stocks continued on Friday as both indices, Nifty and Sensex, maintained their upward trend, with the Sensex nearing the 86,000 mark.
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.
Stock indices in India continued to march ahead, touching fresh highs on Wednesday. Sensex closed above 85,000 and Nifty above 26,000 for the first time.
Indian stock markets opened flat on Wednesday as the monthly and quarterly expiry date approaches, though experts noted that the markets are still in bull mode.