The Indian stock markets opened flat on Tuesday amid the anticipations of profit-booking as the benchmark indices on Monday remained close to the lifetime highs.
The stock market on the last trading day of this week ended flat after a volatile session, as investors are waiting for the speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Policy Symposium later today.
Indian stock indices managed to hold on to the early gains it accumulated on Wednesday, to close the day in the green. The stock indices had opened largely flat today, as investors took a breather after a four-session rally.
The benchmark indices Sensex and Nifty closed flat on Monday. The market in the initial trading hours was buoyed by the reduction in windfall tax on crude oil and favourable global cues, ending flat after the trading session.
The BSE Sensex ended 56.98 points lower, settling at 79,648.92, while the NSE Nifty declined by 20.50 points to close at 24,347.00. Among the Nifty companies, 19 saw advances while 30 recorded declines.
The average flat sizes in India's top seven cities have surged by 32 per cent over the past five years, with the National Capital Region (NCR) witnessing a significant 96 per cent growth, the ANAROCK Group said in the latest report.
Officials said that the arrests were made on Tuesday during the simultaneous searches carried out at their flats. During the searches, police seized 20 laptops and Rs 1,40,000 in cash from their possession.
The Delhi High Court on Monday appointed an arbitrator in two pleas moved by cricketer Yuvraj Singh alleging a violation of personality rights and a dispute related to an agreement to sale of a flat to him.