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.
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.
The Sensex began the day 64.61 points down at 65,889.67, while the Nifty started 9.80 points lower at 19,758.75. The opening figures indicated a mixed trend among Nifty companies, with 35 advancing and 14 declining.
It's a bright start to Samvat 2080 for Indian stocks. Benchmark indices soared substantially to brighten the investors' fortune during the stipulated one-hour Muhurat trading on Diwali evening.
Indian stock indices traded largely steady at the opening bell Wednesday after having rallied over the past couple of sessions or so. Benchmark Sensex and Nifty were a tad up at the time of filing this report.
Indian stock indices extended the gains they managed to accumulate last week through Monday morning opening bell, tracking firm overseas market cues. Sensex and Nifty were about 0.5 per cent higher each.
Snapping two weeks of cumulative losses, Indian stock indices regained some of their lost ground. Benchmark Sensex and Nifty were 0.5 per cent higher each at the time of the closing bell Friday.
Indian stock indices carried on with their gains from the past session, in line with the global stocks, after the US central bank's less hawkish stance on the monetary policy front.
The stock market witnessed a bearish trend as it closed in the red on Tuesday, with both the benchmark indices, Sensex and Nifty, ending the day in negative territory.
In a notable trend, the SPIVA Scorecard revealed that a significant portion of Indian Equity Large-Cap funds struggled to outperform their benchmarks, with a staggering 58 per cent of actively managed funds falling short of the S&P Bombay Stock Exchange (BSE) 100 benchmark.
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