Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.
Indian stock indices settled lower on Thursday, with analysts attributing the decline to profit booking following the recent uptick after the announcement of the India-US trade deal.
The selling spree in India's stock markets continued on Tuesday, with both benchmark indices staying in the red through the session, largely due to profit booking amid relatively subdued sentiment and caution among investors.
Indian stock benchmarks had a bumper opening bell Thursday, expectedly so, pushed by massive next-generation GST reforms brought in overnight, sparking investors' interest in the markets. As the day progressed, the indices, however, slid down and closed the day somehow marginally higher t
Indian stock indices closed the week on a sour note, extending losses from the previous session. They were weighed down by the Trump reciprocal tariffs and the uncertainties surrounding them.
The Indian stock indices closed Thursday's session lower, weighed down by the heat of the US administration's reciprocal tariffs imposed on partner countries, including India.
The Sensex dipped 152.66 points, starting the day at 72,990.14, while the Nifty was down 51.55 points, opening at 22,161.15. Market sentiment remained subdued as 16 Nifty companies advanced while 34 declined.
The Sensex closed at 72,152, down 34 points or 0.05 per cent, reflecting the subdued sentiment in the market. On the other hand, the Nifty50 ended at 21,931, up 1 point or 0.01 per cent, maintaining its position in positive territory.
BSE 30-share Sensex lost 262 points to 62,706.71 and NSE Nifty 50 dropped 69 points to 18,565.35 in morning trade on Wednesday. Some of the gainers on NSE Nifty were HDFC Life, Sun Pharma, Asian Paints, HCL Tech and Eicher Motors.