Indian stock markets witnessed a turnaround on Thursday after a negative start in the morning session. The markets surged around 1 per cent by mid-session due to a strong domestic structural story and FPI buying.
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.
Indian stock markets are closed today, on the occasion of Dr. B.R. Ambedkar Jayanti. The day marks the birth anniversary of Babasaheb Ambedkar, who was born on April 14, 1891.
After staging a smart comeback yesterday, Indian stock markets ended on a negative note on Wednesday, showing no major enthusiasm for the policy interest cut by the Reserve Bank of India (RBI).
Indian stock markets on Wednesday reversed the gains, with both indices declining in opening, taking cues from global markets as Trump announced China tariffs of 104 per cent loom, showing no near relief in the tariff dark clouds.
The Indian stock markets are showing resilience as compared to Asian peers. However, it opens in negative on Friday, the second day following the announcement of new tariffs by U.S. President Donald Trump.