The participants in the Indian domestic market are expected to maintain cautious tone next week due to the global and domestic clues that include third quarter (Q3) results, foreign fund outflows, US policies in the administration of Donald Trump, among others.
Indian stock indices closed the week on a low, hinting that the volatility was far from over. On Friday, Sensex closed at 76,619.33 points, down 423.49 points or 0.55 per cent, while Nifty closed at 23,203.20 points, down 108.60 points or 0.47 per cent. Nifty IT slumped the most at 2.68 per
The Sensex rose by 224.45 points, closing at 76,724.08, while the Nifty climbed 37.15 points to end at 23,213.20. Out of the Nifty 50 companies, 27 stocks advanced, while 23 declined.
Domestic stock markets on Tuesday ended on a positive note, recovering from seven-month lows hit in the last trading session due to a decline in the rupee and investors worries over the earnings of domestic companies.
Indian stock markets closed in the negative territory on Thursday with the Sensex and Nifty, both ending the day lower, as concerns over currency weakness and muted earnings expectations weighed on investor sentiment.
The equity benchmarks shed over one per cent during the trading session on Monday, impacted measurably by the global cues, weakness in the Indian rupee, and detection of human metapneumovirus (HMPV) in India.