Indian stock market is likely to witness volatility next week (May 22-26) and shall be influenced by factors including the last leg of Q4 FY23 earnings, cues from global markets, and patterns in foreign fund inflows.
Indian stock indices declined Friday morning, largely due to profit booking after the recent consistent bull run. Indian stock indices had been rising for about two weeks, backed by higher-than-estimated Q4 earnings, firm GST collection and foreign fund inflows.
Indian stock indices extended their positive momentum from the past week and opened in the green on Tuesday, largely due to firm GST collections and continued foreign fund inflows in April.
Robust foreign fund inflows into Indian equities, the appreciating Rupee, and hints by the US central bank about the moderating rate of interest hikes supported investors' sentiment.
New Delhi [India], September 4 (ANI): Foreign portfolio investors have infused Rs 51,204 crore into the Indian equity segment in the month of August, their highest investments in 20 months, data from the National Securities Depository (NSDL) showed.
Mumbai (Maharashtra) [India], Mar 18 (ANI): Share markets reversed early gains on Monday despite strong fund inflows and advances in Asian peers but ended higher after a volatile session.
Mumbai (Maharashtra) [India], Mar 12 (ANI): Heavy buying by foreign investors and positive global cues lifted the Sensex by 442 points to 37,496 in early trading on Tuesday while the Nifty was up 129 points at 11,297.