Risk aversion in Indian stocks continued on Thursday morning, as the indices opened the session on a negative note. After a stellar rally over the past few weeks, markets faced some resistance this week.
On Wednesday morning, Indian stock indices consolidated from where they were at the previous session closing. After a stellar rally over the past few weeks, markets faced some resistance this week.
After a stellar rally over the past few weeks, markets faced some resistance over the past couple of sessions. At Tuesday opening bell, indices Sensex and Nifty traded marginally higher with a downside bias.
The PSU (Public Sector Undertaking) stocks have become favorites among the stock market investors in recent months, with many delivering substantial returns. The confidence of the investors in the PSU stocks is high as the markets rallied on the hopes of Prime Minister Narendra Modi's comfor
At 9.19 am, at the time of filing this report, Sensex was 0.2 per cent higher at 75,585 points, after touching an all-time high of 75,679 points soon after the opening bell.
By creating an unprecedented wealth of USD 1 trillion in just 6 months, both indices of the Indian stock market BSE and NSE have joined the exclusive USD 5 trillion club, defying the FII (Foreign Institutional Investors) pull out before the outcome of the Lok Sabha election on June 4
The consistent bull run in Indian stock indices - Sensex and Nifty -- continued through Thursday, and touched fresh highs yet again, reacting to Prime Minister Narendra Modi's assertion that BJP-led alliance is on track to form the government for a record third term.
Indian markets started Tuesday's trading session on a flat note amid mixed global cues. The Nifty 50 index stood at 22,458 after losing 40 points, while the Sensex shed 206 points to 73,801 at the time of filing this report.
The decision to close the markets was taken to ensure that citizens, including those working in the financial sector, can participate in the electoral process. Trading will resume on Tuesday. The next holiday is scheduled for June 17 for Bakrid.
After a volatile start to the session, Indian stock indices signed off this week's trade on a positive note, supported by strong support from a majority of sectoral indices. With the fourth phase of elections now behind us, it is widely expected by investors, that the Narendra Modi-led gover
Indian stock indices are off to a strong start at the opening bell Thursday, tracking firm overnight cues from US markets which rose after a softer-than-expected US consumer inflation in April.