The Indian stock market opened with minor gains on Friday remaining negative for two consecutive days after the announcement of the Union Budget 2024-25.
As per the market analysts, the declining global sentiment after the disappointment that arose after the earnings disclosure of Alphabet and Tesl have greatly impacted the market globally.
As the selling pressure continues for the last two consecutive days following the Union Budget announcement, the Indian stock market is expected to follow the global trend as the S&P 500 and Nasdaq hit multi-week lows.
The Indian stock market opened with minor gains, tracking positive global cues on Tuesday. The BSE Sensex opened in green at 80730.50, up 65.66 or 0.08 per cent while Nifty opened with a gain of 29.20 or 0.12 per cent up at 24615.90.
As the week gone by saw Indian stock markets touching fresh all-time highs and at the same time volatile trading days, the market is likely to see stock specific moves gain traction on the back of ongoing earning season, as per the market analysts.
This drop was anticipated following HDFC Ltd's exit from the direct assignment (DA) market in July 2023. However, the quarter-on-quarter (Q-o-Q) change was minimal, with only a 3 per cent decrease, indicating potential growth in the securitisation market for the remainder of the fiscal year.
Market sentiment on Thursday was subdued as investors awaited the first-quarter results of TCS and contended with the weekly expiry of Nifty futures and options contracts.
"iDATA is a niche and specialized player operating in certain geographies since the last 15 years and has built meaningful and deep-rooted relationships with client governments. The acquisition would enable BLS to build relationships with the new Client Governments in Europe, enhance our vis
Aggarwal narrated how his new electric vehicle company was not seen as a disruptor about four years back with big players being almost dismissive and how its market share in two-wheeler electric vehicles has grown to nearly 50 per cent
The BSE Sensex closed 53.07 points down at 79,996.60, falling just short of the 80,000 mark, while the NSE Nifty inched up 21.70 points to close at 24,323.85.
New Delhi [India], July 4: India's No. 1 tractor export brand Sonalika Tractors is committed to deliver 'Quality in India' with its powerful yet fuel efficient tractors and is excited to have created a new historic milestone in Q1 FY '25. The company has clocked its best ever Q1 overall sale
Bank Nifty opened in green territory with an increase of 704 points or 1.35 per cent at 52 872.30 whereas the Nifty Midcap opened at 56149.90, an up of 295.20 or 0.53 per cent increase.