The rally returned to Indian equity markets on Thursday as the government's move to rationalize Goods and Services Tax (GST) rates boosted investor sentiment.
Indian equity markets started the fresh week with gains in the opening session on Monday, taking positive cues from a rally across other Asian markets.
Indian equity markets are set for a choppy week ahead as investors brace for any new development on escalating trade tensions with the United States, besides the release of key domestic inflation data for July.
Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, with a total outflow of Rs -17,741 crore, according to data released by NSDL.
At the end of the trading session, BSE Sensex was up 442.62 points or 0.54 per cent at 82,200.34, and the Nifty 50 at National Stock Exchange (NSE) was up 122.30 points or 0.49 per cent at 25,090.70.
Indian equity markets may witness a strong upward move in the coming months, with the Nifty 50 index expected to touch a new all-time high of 28,957 by December 2025 if a bull run returns, according to a report released by PL Capital.
Indian equity markets opened higher on Tuesday, staging a mild recovery after four consecutive sessions of losses, the longest losing streak since March.
Foreign portfolio investors (FPIs) remained net buyers in the Indian equity markets this week, making a total net investment of Rs 5,260 crore during the period from July 7 to July 11, according to data released by the National Securities Depository Limited (NSDL).
Foreign investment in the Indian equity market remained positive during the week from June 16 to June 20, though the net inflows declined compared to the previous week, as per the latest data released by the National Securities Depository Limited (NSDL).
Indian equity markets opened on a weak note on Thursday, as investors are cautious on prospects of a US strike and the uncertain nature of Iran's response.
Foreign Portfolio Investors (FPIs) turned net sellers in the Indian equity markets this week, offloading shares worth Rs 4,784.32 crore between May 19 and May 23, according to data released by the National Securities Depository Ltd (NSDL).
Foreign Portfolio Investors (FPIs) made strong investments in the Indian equity markets this week, bringing in Rs 4,452.3 crore between May 13 and May 16, according to data from the National Securities Depository Limited (NSDL).