Indian stock markets declined after opening flat on Monday, with selling pressure mounting after lower-than-expected GDP numbers were released last week.
The Foreign Portfolio Investors (FPIs) continue to influence Indian stock markets however the extent of their impact on major indices has reduced over time, says a report by ICICI Mutual Fund.
Indian stock markets opened flat on Thursday amid selling pressure in other Asian markets. However, a buying trend was observed due to the return of foreign investors.
Bearishness in the Indian stock markets seemed to be over, with the indices trading in the green for three out of four sessions. Yesterday, they were steady.
Indian stock indices closed largely steady on Tuesday, snapping the uptrend they witnessed for the past two sessions.
The recent jump, barring today, helped indices recover some of the recent losses. Indices gained nearly 4 per cent over the past couple of sessions.
Sensex closed at 80,004
Foreign portfolio investors (FPIs) are on course to turn net sellers in Indian stock markets for the second straight month through November, after having remained net buyers four months on a trot until September.
The Indian stock markets will react to the recently announced election outcomes of the states and domestic macroeconomic data, Foreign Institutional fund flows, and Monetory policy review meeting of Reserve Bank of India's (RBI) in the first week of December, according to the market analyst
Mumbai has emerged as a leader in luxury property growth, ranking third in the APAC region with an 11.5 per cent year-on-year (YoY) increase in Q3 2024. This growth is closely linked to the robust performance of Indian stock markets, which have reached record highs.