Participants in the Indian stock markets will closely monitor ongoing tariff-related discussions, high-frequency indicators from both the US and India, two consecutive declines in forex reserves, and the earnings of the companies.
Participants in the Indian stock markets will closely monitor first-quarter earnings of companies, progress in the US tariff talks, key macroeconomic data, and other global cues for the trading sessions starting from Monday, according to the experts.
Indian stock markets opened on a flat note on Thursday as investors reacted cautiously to the beginning of the fourth-quarter earnings season and weak global cues. Both benchmark indices saw minor declines in the early session.
The surge came after US President Donald Trump announced a 90-day postponement of reciprocal tariffs for 75 countries, including India, amid an escalating trade war with China.
With stock markets globally taking a plunge due to his tariff decisions and the US stocks also feeling the impact, US President Donald Trump on Monday urged people not to be "weak, stupid" and said they should be "courageous and patient" and the result "will be greatness".
Indian stock markets opened in selling pressure on Thursday, following a global decline triggered by U.S. President Donald Trump's latest tariff announcement. Investors reacted negatively, leading to a sharp drop in key indices at market opening.
The BSE Sensex slipped 69.91 points, opening at 76,278.16, while the NSE Nifty declined 22.40 points, starting at 23,168.25. Despite the negative opening, market breadth remained mixed, with 31 Nifty companies advancing and 19 declining.
At the opening bell, the Sensex climbed 381.49 points to 75,830.54, while the Nifty gained 118.65 points, opening at 23,026.25. Market sentiment remained positive, with 41 out of 50 Nifty companies recording gains, while only 9 saw declines.
Among Nifty-listed companies, 38 stocks advanced while 12 saw declines. IndusInd Bank, SBI Life, Bajaj Finserv, Tata Motors, and Larsen & Toubro emerged as the top gainers, while Infosys, HCL Tech, Wipro, BPCL, and Britannia were among the worst performers in early trade.