The stock market on the last trading day of this week ended flat after a volatile session, as investors are waiting for the speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Policy Symposium later today.
Indian stock indices managed to hold on to the early gains it accumulated on Wednesday, to close the day in the green. The stock indices had opened largely flat today, as investors took a breather after a four-session rally.
The Indian stock markets have outperformed emerging markets over the past 18 months due to strong domestic flows and healthy earnings, says a report by Dolat Capital.
Despite facing many political upheavals and international crises the Indian stock markets have demonstrated remarkable resilience and growth in the last 25 years outperforming even renowned investment firms like Berkshire Hathaway, highlighted a report by Helios, an India-focused Singapore-b
Indian benchmark indices opened with gains on Tuesday following the rally in the Asian and US markets. Experts stated that the rally could push markets to new all-time highs.
The benchmark indices Sensex and Nifty closed flat on Monday. The market in the initial trading hours was buoyed by the reduction in windfall tax on crude oil and favourable global cues, ending flat after the trading session.
The Indian stock markets achieved a significant milestone in August as the total number of registered investors in the country crossed the 10 crore mark, according to a report by the National Stock Exchange (NSE).
The Indian benchmark indices gained in the opening session on Monday, starting the week on a positive note following the global stock market sentiments.
The Indian stock market on Monday will be driven by favourable global cues and domestic economic data such as the HSBC India Manufacturing PMI and HSBC India Services PMI, as per the market analysts.