The Indian benchmark indices gained in the opening session on Monday, starting the week on a positive note following the global stock market sentiments.
The Indian stock market on Monday will be driven by favourable global cues and domestic economic data such as the HSBC India Manufacturing PMI and HSBC India Services PMI, as per the market analysts.
The Nifty 50 surged by 397.40 points, or 1.65 per cent, to close at 24,541.15, while the Sensex jumped 1,330.96 points, or 1.68 per cent, ending the day at 80,436.85.
Indian stock markets surged firmly on Friday from the opening session, with both indices gaining more than 1 per cent following the rally in the Nifty IT and Nifty Realty.
Indian markets opened with gains on Friday following the rally in global stock markets. Both benchmark indices, Nifty 50 and Sensex, gained at the opening.
As the nation celebrates its 78th Independence Day, it reflects on a journey marked by numerous challenges and fluctuations. Similarly, the country's stock markets have experienced their own ups and downs but have shown significant growth and resilience.
According to a report by the National Stock Exchange (NSE), out of the 9.7 crore registered investors, only 1.5 crore are active. The report highlights that active investors on the NSE surged by 13.9 per cent month-on-month, reaching 1.5 crore in June. This marks the third consecutive month
As India celebrates its 78th Independence Day, the country's stock markets stand as a testament to remarkable growth and resilience. The major benchmark index of the country Nifty 50 has given a return of more than 2000 per cent since its beginning in 1996.
Indian stock markets on Wednesday opened marginally up following global cues and a rally in US stock markets. According to the experts, the Indian markets are in balanced mode amid the FIIs selling and DIIs buying.