The latest fund inflows started after the recent banking crisis in the US, leading to the Silicon Valley Bank's closure, among others, in March. Also, India's strong economic outlook, as forecasted by various global agencies, seemed to have made a renewed appetite for domestic stocks.
Indian stock indices started Friday’s trade on a marginally positive note, with Nifty auto, Nifty metal, Nifty media, and Nifty oil and gas among the sectoral indices gaining the most.
Indian stock indices were largely steady Thursday morning, largely due to a lack of fresh cues. Sensex and Nifty were just 0.05-0.1 per cent higher at the time of filing this report.
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Indian stock indices continued to trade on a steady note on Wednesday. At the opening bell, Sensex and Nifty were just 0.07 per cent lower from the previous closing.
Indian stock indices plunged Thursday morning tracking weak global benchmark US markets, which fell as its central bank Federal Reserve said another hike in interest rate may be needed to tame inflation and bring it to 2 per cent target.
Uttar Pradesh [India], August 16: Quint Digital Media Limited (QUINT, BSE 539515), India's leading multi-brand digital media and media-tech group — being the only new-age digital media and technology player listed on an Indian stock exchange — published its standalone and consolidated result
Indian stock indices traded in the red Friday, a day after the Reserve Bank of India flagged concerns about possible inflationary pressures in the near term.
The benchmark index, Sensex, showcased an impressive surge, gaining 167.31 points and settling at 65,888.56. Following suit, the Nifty also experienced a positive trajectory, gaining 20.00 points to stand at 19,537.00.
Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the fifth straight month, according to data from the National Securities Depository (NSDL).
Indian stock indices traded marginally higher Friday, primarily due to some fresh buying, after they witnessed widespread selling pressure over the past two-three sessions.