Indian stock indices continued to trade on a steady note on Wednesday. At the opening bell, Sensex and Nifty were just 0.07 per cent lower from the previous closing.
Indian stock indices plunged Thursday morning tracking weak global benchmark US markets, which fell as its central bank Federal Reserve said another hike in interest rate may be needed to tame inflation and bring it to 2 per cent target.
Market sentiment was marked by fluctuations as investors observed a decline in both the Sensex and Nifty indices, reflecting a broader trend of uncertainty in the financial landscape.
The stock market kicked off the trading week on a cautious note, experiencing a dip in key indices during the early hours of Monday's session. However, the market displayed resilience and managed to reverse its course by the time of closing, registering an uptick in both the Sensex and Ni
At the opening bell, the Sensex, India's benchmark index, experienced a dip of 443.54 points, starting at 64,874.22. Simultaneously, the Nifty, another significant index, displayed a decline of 165.60 points, commencing at 19,274.75 at the time of reporting.
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Indian stock indices traded in the red Friday, a day after the Reserve Bank of India flagged concerns about possible inflationary pressures in the near term.
The Sensex opened down by 186.91 points at 65,795.75, while the Nifty, another was down by 57.85 points at 19,580.75 at the time of writing this article.
Riding on the hopes of a strong manufacturing sector outlook, Emkay Investment Managers Ltd. (EIML) on Wednesday said the BSE manufacturing index, which has been growing at a faster pace than the key benchmarks, is likely to continue in the next few years.
Indian stock indices traded marginally higher Friday, primarily due to some fresh buying, after they witnessed widespread selling pressure over the past two-three sessions.
Indian stock indices traded sharply lower Wednesday and settled in the red with widespread losses in all sectoral indices. The decline was primarily due to weak market sentiment in global markets.