Indian stock markets opened in selling pressure on Thursday, following a global decline triggered by U.S. President Donald Trump's latest tariff announcement. Investors reacted negatively, leading to a sharp drop in key indices at market opening.
The Indian stock markets opened marginally higher on Wednesday, witnessing gains in the banking and IT sector stocks, as the market participants are eagerly waiting the US tariff scheduled to be announcements on April 2.
Indian stock markets on Tuesday ended lower for the second consecutive trading session, exhibiting a situation of jitters due to the US tariffs scheduled on April 2.
The Indian stock markets remained closed on Monday in observance of Eid-ul-Fitr celebrations, while other major Asian markets faced heavy selling pressure.
Indian stock markets opened flat on Wednesday as the indices started settling on the gains made in the last seven trading sessions. However, FPI inflows continue.
The Indian stock markets on Tuesday ended flat after witnessing a volatile session. The Indian stocks could not hold their continued upward movement in the trading session today.
The Indian stock markets extended their strong rally into the second consecutive week, buoyed by strong foreign inflows and a recovery in domestic economic indicators.
At the end of the trading session, the Nifty 50 of the National Stock Exchange (NSE) stood at 23,350.40, up about 159 points or 0.69 per cent. The Sensex at BSE was up 557.45 points or 0.73 per cent at 76,905.51.
Indian stock markets continue to follow the trends of previous session on Wednesday and ended flat in the volatile session, as investor's sentiment impacted by the concerns such as overvaluation, threats of tariff war, and currency depreciation.