Indian stock markets opened in the green on Friday, with both benchmark indices witnessing modest gains despite continued foreign portfolio investor (FPI) outflows.
If any company can expand the current market, it is Jio-Blackrock with its huge distribution network, but it will not be a threat to first generation founders noted online brokerage platform Zerodha's Chief Executive Officer (CEO), Nithin Kamath, on the social media platform 'X'.
The Indian stock markets ended their day in green, marginally above yesterday's closing level on Tuesday, after snapping a four-session winning streak in the previous session.
At the end of the trading session, Nifty was down 124.00 points or 0.48 per cent at 25,513.80 and the BSE's Sensex was down by 458.47 points or 0.55 per cent, reaching 83,600.43
Foreign portfolio investors (FPIs) made a net investment of Rs 13,107.54 crore into Indian markets during the week of June 23 to June 27, according to data released by the National Securities Depository Limited (NSDL).