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.
The BSE Sensex ended 56.98 points lower, settling at 79,648.92, while the NSE Nifty declined by 20.50 points to close at 24,347.00. Among the Nifty companies, 19 saw advances while 30 recorded declines.
The stock market in the upcoming week will be looking at global happenings such as international market performance, anticipations of recession in the US, and domestic macroeconomic indicators such as IIP, CPI, and WPI inflation data, said market analysts.