The domestic stock markets opened on a strong note today, gaining over 0.5 per cent, as exit polls indicated a comfortable majority for the ruling coalition in Bihar.
The Indian stock market is expected to perform better in the coming year, with Nifty likely to touch a new high of 29,000 by the end of 2026, showing an upside of 14 per cent, according to a report by Goldman Sachs.
The domestic stock market opened on a flat note on Monday, continuing its sideways movement as investors remained cautious ahead of key domestic and global events. Both benchmark indices registered marginal gains in early trade.
The selling spree continued in Indian stock markets on Friday, as both key indices extended their weekly losses, slipping nearly 1 per cent amid weak investor sentiment and a lack of clarity on the much-anticipated India-US trade deal.
The domestic stock markets are now in a healthier state compared to last year as the earnings cycle appears to be bottoming out, according to a report by Motilal Oswal Financial Services.
After three consecutive months of persistent selling, foreign portfolio investors (FPIs) again turned net buyers in the Indian stock markets in October.
Indian stock markets opened flat on Tuesday ahead of the much-awaited U.S. Federal Reserve meeting, even as Asian markets rallied on hopes of a rate cut.
At the end of the trading day, the BSE Sensex was down 150.68 points or 0.18 per cent at 84,628.16, and the Nifty50 at the National Stock Exchange (NSE) was down 29.85 points or 0.11 per cent at 25,936.20.