Indian stock indices - Sensex and Nifty - edged lower for the second straight day as the ongoing tensions between Indian and Pakistan have escalated to another level.
The Indian stock markets witnessed profit-booking on Tuesday amid the continued rising geopolitical tensions between India and Pakistan and ended on a negative note.
The investors in the upcoming week will closely monitor key economic data, geopolitical tensions, foreign institutional investor (FII) moves and discussions around the new trade agreement between the US and its trade partners.
Indian stock indices slumped sharply after early morning gains on Friday, with analysts attributing it to risk aversion and cautious approach from the investors in the awake of Pahalgam terror attack.
Indian equity benchmarks, Sensex and Nifty, ended in negative territory after seven session gains, perhaps due to the diplomatic actions against Pakistan by the government following the dastardly terror attacks in Pahalgam.
Indian stock indices remained in the green for the seventh straight session, and in the process, Sensex regained the 80,000 levels. Sensex is still some 6,000 points from its peak.