Indian stock indices extended their bearish run, with benchmark Sensex opening over 2 per cent lower at the Wednesday morning bell, amidst escalating geopolitical tensions in West Asia that have weighed down financial markets worldwide. At the time of filing this report, Sensex was 2.1 per c
Indian stock benchmarks sharply tilted downwards on Monday, starting the fresh week on a dampening note, with all sectoral indices in the red, due to a host of factors, both local and global.
Indian stock indices settled the Thursday trade largely steady, after witnessing a rollercoaster session, with intraday highs and lows around 600 points apart.
The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect from August 27 and take the total tariff on Indian goods to 50 per cent
Sensex closed the day at 80,543.99 points, down 166.26 points or 0.21 per cent, while Nifty closed at 24,574.20 points, down 75.35 points or 0.31 per cent.
Indian equity benchmarks settled marginally higher Wednesday, possibly due to some fresh buying, but analysts are of the view that uncertainty around the India-US trade front will continue to remain key headwinds.
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 benchmark indices on Wednesday opened flat due to the weakness in Asian markets and cautious investors' sentiment ahead of the corporate earnings and major economic updates on trade discussions.
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.