Indian stock indices dipped Thursday, weighed down by a nosedive in IT counters, with analysts attributing it to mounting concerns over AI-led disruptions.
Indian stock indices recovered on Monday, though not entirely, after the Budget day nosedive, partly due to value buying and weakening global crude oil prices.
Indian stock benchmarks inched up on Thursday after three consecutive sessions of losses, with auto, metals, and pharma leading the gains among the sectoral indices.
Indian stock benchmarks witnessed yet another day of gains, supported by a host of factors that include the recent GST reforms, intensification of efforts for the India-US trade deal, and moderate inflation, among others.
Indian stock markets ended higher on Monday with the BSE Sensex closing 676 points higher at 81,273.75, while the Nifty50 settled at 24,876.95, up 246 points or one per cent. Earlier in the session, Nifty had briefly crossed the 25,000 mark, touching an intraday high of 25,022.
Indian stock markets on Friday ended on a negative note due to a sober start to the first quarter earnings season and a ramp-up in the tariff threat by the US of 35 per cent on goods imported in the US from Canada.
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.
India's equity benchmarks remained muted on Thursday and ended with a marginal loss, possibly due to the ongoing geopolitical conflict in the Middle East and cautious signals from the US Federal Reserve, dampening investors' sentiment.