Indian stock markets remained shut on Wednesday on account of Ganesh Chaturthi. Since the festival is a state holiday in Maharashtra, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), which are headquartered in Mumbai, observed a trading holiday.
The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect from August 27 and take the total tariff on Indian goods to 50 per cent
Indian stock markets opened under pressure on Tuesday as the United States Customs Department went ahead with the decision to impose 50 per cent tariffs on Indian goods and published a draft notice.
Indian equity markets started the fresh week with gains in the opening session on Monday, taking positive cues from a rally across other Asian markets.
Indian stock markets opened on a cautious note in negative territory on Friday as investors turned wary ahead of the implementation of impending US tariffs, alongside weak global cues and no progress in the Ukraine conflict.
The Indian stock market on Thursday ended higher on the sixth consecutive session as investors' sentiments are optimistic due to the possible Goods and Services Tax (GST) rate cut.
The positive momentum in Indian equities continued on Thursday morning as key benchmark indices opened higher, though investors remained cautious amid global uncertainties
Over the past five sessions, the Sensex has advanced around 2.3 per cent and the Nifty about 2 per cent, lifted by optimism around proposed Goods and Services Tax (GST) reforms. Experts note that strong domestic inflows and stable global cues have further strengthened investor confidence.
Indian stock markets opened flat on Tuesday as continuous foreign portfolio investor (FPI) outflows kept indices in check, even as the government recently announced several consumption-boosting measures.
Indian stock markets ended on a positive note, extending their upward momentum as the market participants reacted positively to the upcoming GST reforms and developments in the Russia-Ukraine peace talks.
The Indian stock markets could see a major boost over the coming year as the government's move to rationalize Goods and Services Tax (GST) is expected to lift growth and sentiment.