Indian stock indices touched their fresh highs on Wednesday and settled firm, tracking firm cues from banking stocks and overall stable macro-economic parameters.
Indian stock indices were steady Thursday morning, with investors bracing for October-December quarterly GDP data slated to be released later in the day.
Indian stock indices traded in the red for the second straight session, after snapping a six-session winning streak in the previous session. The latest decline could be attributed to profit booking and concerns among investors over high stock valuations.
Indian stock indices settled in the green Monday, scaling higher for the fifth consecutive session, with Nifty pharma, Nifty consumer durables and Nifty FMCG gaining the most.
Indian stocks extended their gains to be in the green at opening bell Thursday, largely tracking a rebound in Asian and US peers after hotter-than-expected US inflation pulled them down in the previous session.
One 97 Communications Limited, the company that operates the fintech company Paytm today issued a clarification to the BSE and the NSE on certain news reports that had suggested that there was a FEMA (Foreign Exchange Management Act) violation case registered by the Directorate of Enforcemen
The US stocks ended with deep cuts, after sticky US inflation data - more than estimated at 3.1 per cent in January -- triggered worries of further delay in the easing of interest rates. S&P 500 declined about 1.4 per cent Tuesday.
Indian stock indices started Tuesday's session marginally in the green, bucking the trend from the previous session where they declined substantially due to profit booking and volatile global markets.
Indian stock indices were marginally higher at Thursday's opening bell, tracking positive cues from overnight US markets. The latest return of foreign portfolio investors to India also somewhat supported the stocks.
Indian stock indices were marginally higher at Wednesday's opening bell, tracking positive cues from overnight US markets and the latest return of foreign portfolio investors.
Going ahead into this week, investors will keep track of the three-day RBI monetary policy meeting that starts today. The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicat
Indian stock indices kicked off a fresh week on a muted note. On Friday, it rose over 500 points after the central government as part of its Budget showed intent that it was aiming for fiscal consolidation even as the General elections are around the corner.