Indian benchmark stock indices tracked marginally lower at the opening bell Wednesday, primarily attributable to profit booking after the recent rally which led to the indices hitting all-time highs.
Indian stock indices opened largely unchanged on Thursday, to later trade marginally in the red. The relative weakness was likely because investors resorted to profit booking after a bumper Wednesday session, and ahead of Assembly exit polls of five states later this evening.
Going ahead into this week, investors are likely to tread carefully as the U.S. Federal Reserve's meeting scheduled Tuesday-Wednesday, its outcome due likely this midnight, will be closely monitored.
Indian stock indices opened marginally in the red on Monday, with the benchmarks witnessing mild profit booking. Investors may have taken some money off the table after the indices hit their fresh highs last week.
Indian stock indices were subdued Wednesday, with the benchmarks witnessing mild profit booking, meaning the investors are taking some money off the table.
Indian stock indices traded steady Wednesday early trade, after they were in the green for the past three-to-four sessions. As it seems, investors possibly are looking for mild profit booking.
They were largely steady for the past two sessions, primarily due to a lack of fresh bets at higher levels. Some investors who recently accumulated gains were apparently booking their profits.
Indian stock indices extended their losses from the previous session and traded deep in the red Friday morning, primarily due to continued profit booking after the latest bull run -- the indices had touched all-time highs earlier this week.
Indian stock indices traded marginally lower Thursday morning, primarily due to profit booking after the latest consistent bull run. Sensex and Nifty were 0.2 per cent lower.
There is nothing that seems stopping the current rally in Indian stock indices even as several analysts lately have been pointing to high stock valuations.