After a volatile start to the session, Indian stock indices signed off this week's trade on a positive note, supported by strong support from a majority of sectoral indices. With the fourth phase of elections now behind us, it is widely expected by investors, that the Narendra Modi-led gover
Analysts asserted that a strong US dollar, uncertainty in Lok Sabha elections outcome after a decreasing voter turnout trend seen so far in the three phases that went to vote, and a profit booking after the recent rally hurt the markets.
Indian stock indices started the fresh week in the green, carrying over positive momentum from the past week's closing, possibly due to fresh buying on dips.
A growing number of Indians, mostly youth, are reaping dividends from India's growing financial markets, which is also adding to the growth. Also, global investors are also making a beeline to invest in India.
Going ahead into this week, investors will closely monitor the RBI monetary policy meeting starting Wednesday, with the outcome to be pronounced on Friday morning.
Riding on the gains from the previous financial year, Indian stock indices kicked off the new fiscal 2024-25 on a bullish note. The benchmark indices - Sensex and Nifty - hit fresh all-time highs on Monday
Indian stock market indices settled in the red on Tuesday, kicking off a holiday-truncated week in line with Asian peers, with investors now focusing on US inflation data due later this week.