Indian stock markets experienced high volatility during Wednesday's trading session amid concerns about the decreasing voter turnout in the ongoing general elections in India. The volatility index VIX reached a 15-month high after increasing by more than 40 percent over the last month.
Indian stock markets geared up for a dynamic performance in the coming week, influenced by a multitude of factors including earning reports, GDP data in euro zone and global market trends.
Indian stock markets have generated an impressive performance during the FY 2023-24. The Nifty 50 index delivered a substantial return of 29 percent in FY 24.
Indian stock markets opened in green on Tuesday's trading session. Sensex opened at 73,971.45 gaining 322.83 points and 0.44 per cent while the Nifty opened at 22,426.45 gaining 90.05 points, which is 0.4 per cent gain buoyed by positive global cues.
Volatility returned in Indian stock markets after a smooth rally at the start of April month. The current volatility is primarily driven by Foreign Institutional Investor (FII) selling activity. Despite inflows in the primary markets, secondary markets have experienced significant sell-offs
The Indian stock markets closed on Tuesday with the third successive weak session in line with global market weakness after the escalation of the Iran-Israel conflict. The Nifty concluded 0.56% lower at 22,147.90, while the BSE Sensex ended 0.62% lower at 72,943.68 on Tuesday's trading sessi
Foreign portfolio investors (FPIs) continue to remain net buyers for the third month in April in Indian stock markets. They had aggressively sold Indian stocks and turned net sellers in the Indian equity market in January 2024, before turning net buyers thereafter.
Particularly in December, they made a beeline to invest in Indian stock markets, with a cumulative accumulation of Rs 66,135 crore. To put it into context, the entire year saw an inflow of about Rs 171,107 crore, and notably, over one-third of it came in December.