Indian stock markets opened flat on Tuesday amid a rally in other Asian stocks; however, the markets are indicating positive movement with short-term consolidation.
In the absence of any major triggers in the stock market, the participants will keenly have their eyes on the macroeconomic indicators like IIP and CPI inflation, starting from Monday, as per the market analysts.
The Indian stock market on Thursday rallied amid the anticipation of the policy rate cuts by the Reserve Bank of India (RBI). formation of BJP-led government in Maharashtra, and foreign buying, ending in the green territory.
The Indian stock indices revived during the day on Thursday after a slow start at the opening, as investors anticipate a rate cut in the ongoing MPC meeting says market experts.