Indian stock indices touched their fresh highs on Wednesday and settled firm, tracking firm cues from banking stocks and overall stable macro-economic parameters.
Indian stock indices settled in the green Monday, scaling higher for the fifth consecutive session, with Nifty pharma, Nifty consumer durables and Nifty FMCG gaining the most.
Indian stock indices took a rollercoaster ride and settled marginally in the red the day the central government presented its interim Budget for 2024-25.
Continuing with the gains made during the morning session, Indian stocks closed Wednesday's trade in the green. The markets witnessed a bloodbath during the previous session -- Sensex fell over 1,000 points -- due to a host of reasons including high valuations, foreign portfolio investors
Indian stock indices continued to trade in the red on Tuesday, extending losses from the previous session, primarily attributable to profit booking after a stellar cumulative performance in 2023. High valuations, as analysts pointed out, too, are a concern.
The exit polls due on Thursday are likely to give indications of the Assembly election outcomes and its impact on the crucial General election in 2024.
At the close of trading, the Sensex, which tracks the performance of the Bombay Stock Exchange (BSE), stood at 65,843.59, indicating a decline of 109.88 points.
The consistent inflow of foreign portfolio funds, firm economic outlook, firm global markets, and a relative moderation in inflation contributed to the latest bull run in Indian stocks. Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the fourth straigh
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