Indian stock markets surged firmly on Friday from the opening session, with both indices gaining more than 1 per cent following the rally in the Nifty IT and Nifty Realty.
Indian markets opened with gains on Friday following the rally in global stock markets. Both benchmark indices, Nifty 50 and Sensex, gained at the opening.
As the nation celebrates its 78th Independence Day, it reflects on a journey marked by numerous challenges and fluctuations. Similarly, the country's stock markets have experienced their own ups and downs but have shown significant growth and resilience.
As India celebrates its 78th Independence Day, the country's stock markets stand as a testament to remarkable growth and resilience. The major benchmark index of the country Nifty 50 has given a return of more than 2000 per cent since its beginning in 1996.
Indian stock markets on Wednesday opened marginally up following global cues and a rally in US stock markets. According to the experts, the Indian markets are in balanced mode amid the FIIs selling and DIIs buying.
Analysts attribute fears that the US economy might slow as reflected in the recent unemployment data, coupled with hints that Indian stocks are possibly highly valued as the reason behind the latest FPI sell-off.
Following the US-based short seller Hindenburg report and its allegations on market regulator SEBI chairperson Madhabi Buch, Shiv Sena leader Sanjay Nirupam on Monday alleged that this is a "conspiracy" to attack the Indian stock market and said that Congress is standing with this conspiracy
The Congress leader also asked, "If investors lose their hard-earned money, who will be held accountable--PM Modi, the SEBI Chairperson, or Gautam Adani?"
Talking exclusively with ANI, Jethmalani said a band of conspirators had got together, circulating information to do conspiracy, with deep ramifications to damage the stock market of India.
A day after US-based short seller Hindenburg Research alleged that SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch had stakes in "both the obscure offshore entities used in the Adani money siphoning scandal," the SEBI Chairperson and her husband issued a detailed statement