The benchmark indices opened with marginal gains, reflecting a cautious stance among investors amid limited global cues as several Western markets remained closed for the New Year holiday.
Only three sectors witnessed buying in trade including Nifty Media (up 0.93%), Nifty FMCG (up 0.11%) and Nifty PSU Bank (up 0.05%). Nifty IT (0.75%) and Nifty Bank (0.53%) were the key losers.
Indian stock markets opened with gains on Monday, tracking positive momentum from other Asian markets, even as concerns related to tariffs continued to weigh on overall market sentiment.
Following the news that Roy Shalev one of the Nova community's key members, who was also a co-organiser of the Nova festival had taken his own life, the issue of survivors' suffering from October 7 has resurfaced once again.
The Indian stock markets opened on a flat but positive note on Tuesday, with both benchmark indices trading in green amid persistent foreign portfolio investor (FPI) selling and pressure in key sectors.
The Indian stock market opened on a weak note on Wednesday, extending its losing streak and marking 12 consecutive months of negative returns. Both benchmark indices started the day in red as global and domestic headwinds continued to weigh on investor sentiment.
Indian stock markets opened on a strong note on Thursday as investors welcomed the U.S. Federal Reserve's decision to cut interest rates by 25 basis points.
Indian stock markets continued their upward momentum on Friday with a positive opening, supported by optimism around the recently announced GST 2.0 reforms.