The selling spree in the domestic stock markets continued on Tuesday, with both benchmark indices opening in the red amid weak sentiment and caution among investors
The domestic benchmark indices witnessed selling pressure on Wednesday's opening trade as the weakening Rupee and cautious investor sentiment weighed on the markets.
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The selling spree continued in Indian stock markets on Friday, as both key indices extended their weekly losses, slipping nearly 1 per cent amid weak investor sentiment and a lack of clarity on the much-anticipated India-US trade deal.
The selling pressure returned to Indian markets on Thursday after a brief bounceback in the previous trading session, as persistent foreign investor outflows weighed on sentiments.
The selling pressure continued in Indian markets on Thursday after US President Donald Trump announced an additional 25 per cent tariff on Indian goods.
US stock markets faced heavy selling pressure on Friday (local US time) after President Donald Trump implemented fresh reciprocal tariffs on 70 countries, including India.
The benchmark indices continued to face selling pressure at higher levels, with analysts indicating that the India-US new interim deal is unlikely to be finalised before the August 1 deadline. On Sunday, the US administration indicated that the August 1 deadline wouldn't be extended further.
Indian equity benchmarks concluded the day in the red territory, weighed down by weakness in IT stocks. The stock markets on Thursday witnessed selling pressure at higher levels.
Indian stock markets opened on a weak note on Monday, reacting sharply to rising geopolitical tensions after the US-Iran conflict escalated over the weekend. Both benchmark indices faced strong selling pressure in the early trading session.