Snapping two weeks of cumulative losses, Indian stock indices regained some of their lost ground. Benchmark Sensex and Nifty were 0.5 per cent higher each at the time of the closing bell Friday.
Indian stock indices carried on with their gains from the past session, in line with the global stocks, after the US central bank's less hawkish stance on the monetary policy front.
Indian stock indices extended losses from the past week's closing, though marginally, and all eyes are now on a series of Q2 company earnings of sectoral majors coupled with wholesale inflation data for September due later in the day.
The Indian stock market began the day with modest gains as the Sensex opened 61.27 points higher at 66,478.35, while the Nifty exhibited a marginal rise of 1.05 points, opening at 19,813.05.
Indian stock benchmark indices stayed in the green Wednesday, extending gains they accumulated during the previous session. Sensex and Nifty are half a per cent higher from Tuesday's closing bell.
Indian stock indices extended gains from the previous session, with financial market participants closely monitoring the outcome and the policy stance of the central bank RBI to be announced at 10 am today, for fresh cues.
Indian stock indices edged marginally higher Friday morning after touching nearly a four-week low the previous session, tracking Asian peers and relatively firm overnight US market cues.
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The selling spree continues in Indian stock markets for the third straight session after the US central bank while keeping its interest rate steady in the September meeting, hinted that it may again hike rates going ahead if need be, in its fight against inflation.
Going ahead into this week, investors are likely to tread carefully as the U.S. Federal Reserve's meeting scheduled Tuesday-Wednesday, its outcome due likely this midnight, will be closely monitored.