The Indian equity indices ended on a negative note on Tuesday, experiencing moderate losses amid risk of escalation of conflicts in the Middle East ahead of the FOMC meeting.
Indian stock market recovered during the day trade from its opening, both Sensex and Nifty opens over 1.5 per cent down but closed at a little over 0.6 per cent down.
Indian stock benchmarks traded largely steady with upward bias on Wednesday, extending gains for the fifth day, taking positive cues from strong economic fundamentals such as comfortable inflation levels, firm economic growth parameters.
The Indian stock indices ended on a strong note and surged after the larger-than-expected policy rate cut, reflecting elevated optimism among the market participants on the last trading day of the week.
Indian stock indices remained in the green for the second straight day on hopes that the India-US trade deal is on the anvil, as Trump's commerce secretary recently indicated.
The market experts believe that the investors are buoyed by the hopes of developments in the India-US trade deal and a rate cut by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI).
Indian stock indices slumped for the third straight session, possibly due to continued profit booking, while investors awaited further updates on India-US trade deal negotiations.
The declines are possibly due to the profit-booking following the latest rally. Sensex is now some 4,000 points below its all-time high of 85,978 points.
Indian stock indices soared through the roof on Monday, supported by the news that the conflict between India and Pakistan has de-escalated after the two Armed forces reached an understanding.