Indian stock indices rose marginally Monday morning but analysts pointed out that any further rally from the current levels is unlikely. Notably, Sensex seems to have anchored around 65,000 points.
Indian stocks were largely steady Friday morning as investors seemed to be holding back from putting fresh bets in the markets in the short run. The stock indices have been hitting their all-time highs and are at their peaks currently.
Indian stocks were largely steady Thursday morning as investors seemed to be holding back from putting more money into the markets in the short run. The stock indices have been hitting their all-time highs and are at their peaks currently.
Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the fourth straight month, according to data from the National Securities Depository (NSDL).
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 seemed to have a renewed appetite for domestic stocks.
Indian stock indices continued to remain green as they built on the previous week's sharp gains. Benchmark Sensex and Nifty were 0.7 per cent higher each at the time of writing this report.
Indian stock indices - Sensex and Nifty - yet again touched their all-time highs Wednesday, with experts attributing it to strong economic parameters including a firm GDP outlook, moderate inflation and strong purchases by foreign investors.
Indian stock indices traded largely steady on Thursday morning after their all-time highs reached in the previous session. Meanwhile, analysts cautioned high valuation may keep investors at bay for the time being.
Indian stock indices traded lower Tuesday morning primarily due to profit-booking investors after gains. Sensex and Nifty were about 0.4 per cent lower each at the time of writing this report.