The Indian stock markets are on the brink of entering a new phase, marked by potential rate cuts from the U.S. Federal Reserve, highlighted a report by Nuvama.
Indian stock indices rose substantially on Monday, defying a sharp downturn in the overnight US markets, possibly due to inherent strength in domestic market fundamentals.
Indian stock markets corrected sharply on Thursday amid global cues and FPI selling, as today marks the last day of the SEBI deadline for unregistered foreign investors to disclose beneficial owners.
Indian markets opened with gains on Thursday, despite selling pressure in major global stock markets. Both indices registered marginal increases at the opening.
The net foreign investment in August in the Indian equity market declined to Rs 7,320 crore, marking the lowest monthly investment in the past three months.
Stock markets globally are facing pressure after Nvidia management disappointed some investors during the announcement of quarterly results. The company, however, showed good quarterly results.
The foreign investors made a net purchase of equities amounting to Rs 4,897.16 crore, according to data from the National Securities Depository Limited (NSDL).
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.