Indian stock indices closed the week on a low, hinting that the volatility was far from over. On Friday, Sensex closed at 76,619.33 points, down 423.49 points or 0.55 per cent, while Nifty closed at 23,203.20 points, down 108.60 points or 0.47 per cent. Nifty IT slumped the most at 2.68 per
Indian stock indices settled in the red for the third straight day on Friday, the last session of the current week, due to looming uncertainties around President Donald Trump-elect's likely actions post his inauguration.
Indian stock indices managed to keep the morning session gains intact till the session ended on Friday. Sensex closed at 78,699.07 points, up 226.59 points or 0.29 per cent, while Nifty closed at 23,813.40 points, up 63.20 points or 0.27 per cent.
Indian stock markets tanked sharply on Thursday following the selling pressure in major markets around the globe after the US Fed showed signs of fewer rate cuts next year.
The Indian stock indices revived during the day on Thursday after a slow start at the opening, as investors anticipate a rate cut in the ongoing MPC meeting says market experts.
The Indian stock indices will react to the disappointing GDP numbers, and await RBI monetary policy decisions, for fresh market cues, during the week that starts Monday.