Indian stock indices settled 2023 last active trading session marginally in the red, largely due to profit booking and subdued global cues. Sensex and Nifty settled 0.2 per cent lower each on Friday.
Cumulatively, the past twelve months have been stellar for investors who parked their money in Indian stocks. Though there has been a couple of turbulence, first during the Adani-Hindenburg episode and lately during the initial days of the Israel-Hamas war, the calendar year 2023 gave han
Indian stock indices were highly volatile on Monday, to later settle for the day in the red, primarily attributable to profit booking by investors after a consistent rise over the past few weeks.
Indian benchmark stock indices tracked marginally lower at the opening bell Wednesday, primarily attributable to profit booking after the recent rally which led to the indices hitting all-time highs.
The latest inflow comes at a time when India reported strong quarterly growth maintaining its fastest-growing major economy tag, inflation in a comfortable zone, and political stability in the run-up to General Elections 2024.
Indian stock indices traded firmly Friday morning, the last session before the weekend, after India reported more-than-expected GDP growth in the July-September quarter of the 2023-24 fiscal year.
Indian stock indices opened largely unchanged on Thursday, to later trade marginally in the red. The relative weakness was likely because investors resorted to profit booking after a bumper Wednesday session, and ahead of Assembly exit polls of five states later this evening.
The exit polls due on Thursday are likely to give indications of the Assembly election outcomes and its impact on the crucial General election in 2024.
Indian stocks were steady as the opening bell rang on Tuesday, largely due to the absence of any particular fresh cues. Investors in the US market too took a breather after the Thanksgiving holiday.
Indian stocks were in the green, though marginally, at the opening bell Wednesday. The upside was likely limited due to overnight losses in the global benchmark US market.
Indian stock benchmarks kicked off Tuesday's trade in the green after a lull in the previous session, largely tracking firm overnight gains in the US markets.
Indian stock indices started fresh week largely on a steady note, with weak cues from global benchmark US markets coupled with uncertainty over monetary policy rates in the US.