Indian stock markets opened flat on Wednesday as the indices started settling on the gains made in the last seven trading sessions. However, FPI inflows continue.
The Indian stock markets extended their strong rally into the second consecutive week, buoyed by strong foreign inflows and a recovery in domestic economic indicators.
The investors, from next week, starting Monday, will keenly be watching global developments in the absence of major domestic events, said market experts adding a possibility of volatility in the Indian stock markets.
After the recent market correction, Nifty's valuations have returned to levels that align with its 5-year and 10-year averages, according to a report by HSBC Mutual Fund.
Indian stock markets witnessed a continued selling spree on Tuesday as both benchmark indices opened in the red, reacting to global concerns over slowing economic growth in the US and the impact of new tariffs imposed by US President Donald Trump.
Indian stock markets started the fresh week on Monday with moderate gains, as both indices opened in the green; however, a sustained rally was not visible.