Indian stock markets opened in negative but recovered and trading in flat at the time of filing this report on Wednesday after India launched anti-terrorist strikes in Pakistan.
Indian stock markets are expected to open lower on Wednesday after the Indian defence forces launched anti-terror strikes targeting terror camps in Pakistan and Pakistan-occupied Kashmir (PoK).
The Indian stock markets witnessed profit-booking on Tuesday amid the continued rising geopolitical tensions between India and Pakistan and ended on a negative note.
Indian stock markets opened on a cautious note on Tuesday, with benchmark indices trading flat as investors awaited key global cues, particularly the U.S. Federal Reserve's two-day policy meeting set to begin later today.
Foreign Portfolio Investors (FPIs) have pumped in more than Rs 10,000 crore into Indian stock markets this week, showing a strong return of overseas interest in domestic equities.
Indian equity benchmarks opened with gains on Friday with global cues remain broadly positive, the uncertainty on the domestic front capped gains for Indian indices due to skirmishes on the India-Pakistan border.
Indian stock markets remained closed on Thursday, May 1, in observance of Maharashtra Day. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) suspended trading for the day.
Indian equity markets started the Tuesday session on a positive note, supported by strong inflows from foreign portfolio investors (FPIs) and domestic institutional investors (DIIs).