Indian benchmark indices rebounded after opening with a decline on Monday. The Sensex climbed 0.20 per cent to close at 72,809.67, while the NSE Nifty50 finished 0.29 per cent higher at 22,120.05 after dipping to a low of 21,821.
The Nifty-50 Index and Sensex both experienced losses of around 3 percent each over the past week, while the mid-cap index saw a decline of 3.9 percent. The Indian market has been consistently under pressure from selling by investors, leading to significant volatility in the past week.
Indian stock markets experienced a slight gain during Friday's session following a slump in stock indices on Thursday. The Nifty 50 index rose by 0.44 percent to close at 22,055, while the Sensex gained 260.3 points to close at 72,664.47. With the exception of the IT, Realty, PSU Bank, and B
The Sensex, the benchmark index of the Bombay Stock Exchange (BSE), surged 345.94 points, opening at 72,635.24, while the Nifty, representing the National Stock Exchange (NSE), rose 27.65 points, starting at 21,985.15.
Analysts asserted that a strong US dollar, uncertainty in Lok Sabha elections outcome after a decreasing voter turnout trend seen so far in the three phases that went to vote, and a profit booking after the recent rally hurt the markets.
Ajay Bagga, banking and market expert, commented on the market situation, stating, "India Vix has moved up every day for the last 10 days, rising 67 per cent over this period. Markets are very volatile, and sustained FII selling in secondary markets is a negative for the Indian markets. Expe
Indian stock markets experienced high volatility during Wednesday's trading session amid concerns about the decreasing voter turnout in the ongoing general elections in India. The volatility index VIX reached a 15-month high after increasing by more than 40 percent over the last month.
The Sensex opened 192.45 points down at 73,319.40, while the Nifty started the day 68.95 points lower at 22,233.55. Among the Nifty firms, 16 witnessed advances while 34 faced declines in early trade.
After a positive start on Tuesday, the Indian stock market encountered selling pressure, leading to both indices slipping into the negative territory by the time the closing bell rang.
Among the Nifty companies, 29 were advancing while 21 were declining. Hindustan Unilever, Britannia, BPCL, ITC, and Coal India led the gains, while Bajaj-Auto, Power Grid, Cipla, Divi's Lab, and JSW Steel were the top decliners.