After an initial dip, both benchmark indices rebounded sharply, with the Sensex surging 609.87 points to close at 74,340.09, while the Nifty 50 climbed 207.40 points to end at 22,544.70.
The Indian stock markets on Monday ended on a lower note, influenced by weak global cues that kept the market under pressure during the trading session.
Indian stock indices continued to remain volatile over concerns about Trump's tariff announcements and weak global cues. The benchmark indices opened in the red to later trade in the green. At closing, it closed marginally lower.
Indian stock markets opened on a strong note on Tuesday, tracking positive global cues after former U.S. President Donald Trump decided to pause tariff imposition for a month. Investors reacted positively to the development, leading to gains across major indices.
Indian stock markets opened on a lower note on Thursday amid the mixed global cues. On the opening, the BSE Sensex was down 214.33 points or 0.27 per cent at 77,934.16, and the Nifty was down 55.25 points or 0.23 per cent, opening at 23,633.70.
The equity benchmarks shed over one per cent during the trading session on Monday, impacted measurably by the global cues, weakness in the Indian rupee, and detection of human metapneumovirus (HMPV) in India.
The domestic stock markets, in the upcoming week, will focus their attention on the earnings of companies, foreign portfolio investments (FPI) data, a host of economic data, Fiscal Year GDP Growth, Index of Industrial Production (IIP), and other global cues, according to the market experts.
As we are inching closer to the new calendar year and month, the market participants in the Indian stock market will closely watch auto sales data, foreign institutional investments (FIIs) flows and currency movement, the upcoming earnings season, the Union Budget, and the inauguration of
The Indian stock markets on Thursday slumpped drastically after witnessing a selling pressure in major markets around the globe and indication from the US Federal Reserve of fewer rate cuts next year, less than anticipation of three or four.