The number of new investors joining the Indian stock markets witnessed a sharp decline in August, new additions goes down by 18.3 per cent on a month-on-month basis, according to a recent report released by the National Stock Exchange (NSE).
Indian stock markets continued their upward momentum on Wednesday, supported by positive global cues and the ongoing exchange of optimistic posts on social media between Prime Minister Narendra Modi and U.S. President Donald Trump.
Indian stock markets continued their upward momentum on Friday with a positive opening, supported by optimism around the recently announced GST 2.0 reforms.
Indian stock markets opened almost flat on Wednesday as investors waited for the outcome of the Goods and Services Tax (GST) Council meeting, where crucial decisions on GST rates are expected.
Indian stock markets fell for the third straight session on Friday, waiting for positive cues after the US decision to impose a 50 per cent tariff on Indian goods.
Indian stock markets remained shut on Wednesday on account of Ganesh Chaturthi. Since the festival is a state holiday in Maharashtra, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), which are headquartered in Mumbai, observed a trading holiday.
Indian stock markets opened under pressure on Tuesday as the United States Customs Department went ahead with the decision to impose 50 per cent tariffs on Indian goods and published a draft notice.