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Indian equity indices, the BSE Sensex and NSE Nifty50, both ended in the red on Tuesday, due to the losses in banking, Auto, and financial sector stocks.
Stock indices in India settled in the red on Friday, extending losses from the past session. Sensex closed at 79,486.32 points, down 55.47 points or 0.070 per cent, while Nifty closed at 24,148.20 points, down 51.15 points or 0.21 per cent.
Sensex finally closed the day at 79,476.63 points, up 694.39 points or 0.88 per cent, 24,198.30 points, up 202.95 points or 0.85 per cent. Benchmark Sensex is however some distance behind its all-time high of 85,978 points.
In a highly volatile trade, Indian stock indices hovered substantially lower from the previous closing, largely due to sustained selling by foreign portfolio investors.
Sensex closed 0.4 per cent higher at 79,688 points, while Nifty closed 0.4 per cent to end at 24,300 points, rebounding from two days of losses. All sectoral indices opened in green and continued upward during the Muhurat Trading hour, with only Nifty IT closing marginally lower by 0.02 p
Foreign portfolio investors (FPIs) have again turned net sellers in Indian stock markets in October, after having remained net buyers in the past four months on a trot.
Stock indices settled substantially lower Thursday, with foreign portfolio investors (FPIs) continuing to offload their assets in India lately, coupled with lower-than-expected July-September earnings of India Inc.
Snapping six-day losses, Indian stock indices closed in green Tuesday, primarily due to buying at lower levels and with BJP heading for a third straight term in Haryana.
Indian stock indices closed in red Monday, logging sixth straight session losses, with analysts attributing the fall to a consolidation after the recent bull run.