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.
Indian stock indices started Tuesday's session marginally in the red after a sharp jump during the previous session. Benchmark Sensex and Nifty were about 0.1 per cent lower than their previous day's closing at the opening bell today.
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
Benchmark indices--Sensex and Nifty--were 0.7-0.8 per cent higher from the Saturday closing. Among the widely-tracked Nifty 50 stocks, 39 advanced and the rest 11 declined at the opening bell.
The combined value of shares listed on Indian exchanges reached USD 4.33 trillion as of Monday's close, versus USD 4.29 trillion for Hong Kong, according to data compiled by Bloomberg.
Indian stock exchanges are closed Monday on the occasion of pran pratistha of Ram Temple in Ayodhya, with normal trading activities to resume on Tuesday.
Indian stock indices continued to trade in the red on Wednesday, extending losses for the third session of 2024, primarily attributable to dragged profit booking after a stellar cumulative performance in 2023. High valuations, too, are a concern.
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.
Indian stock indices started off the New Year marginally in the red, 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.
Indian stock indices settled 2023 last active trading session marginally in the red, largely due to profit booking and subdued global cues. Sensex and Nifty settled 0.2 per cent lower each on Friday.
Cumulatively, the past twelve months have been stellar for investors who parked their money in Indian stocks. Though there has been a couple of turbulence, first during the Adani-Hindenburg episode and lately during the initial days of the Israel-Hamas war, the calendar year 2023 gave han