The Indian stock markets opened flat on Tuesday amid the anticipations of profit-booking as the benchmark indices on Monday remained close to the lifetime highs.
Indian stock market indices Sensex and Nifty were seen inching towards their fresh lifetime highs on the first trading day of the week, driven by a rally in US and fresh foreign portfolio investments
The Sensex surged 320.49 points, opening at 81,406.40, while the Nifty climbed 92.15 points to open at 24,915.30. In early trading, the Nifty saw a majority of its constituent companies advance, with 32 stocks gaining and 17 declining. One stock remained unchanged.
Going ahead into next week, GDP updates will be eagerly awaited, notably including from India (August 30) and the US, S&P Global Market Intelligence said in its weekly report Week Ahead Economic Preview. Inflation readings out of the US and eurozone will be the highlights in the coming w
The stock market on the last trading day of this week ended flat after a volatile session, as investors are waiting for the speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Policy Symposium later today.
The stock market on Thursday closed with minor gains in a rangebound session. On Thursday, the NSE Nifty 50 edged up by 0.16 per cent to close at 24,810.20, while the BSE Sensex gained 0.14 per cent, ending at 81,017.40.
Indian stock indices managed to hold on to the early gains it accumulated on Wednesday, to close the day in the green. The stock indices had opened largely flat today, as investors took a breather after a four-session rally.
The benchmark indices Sensex and Nifty closed flat on Monday. The market in the initial trading hours was buoyed by the reduction in windfall tax on crude oil and favourable global cues, ending flat after the trading session.
The Indian stock market on Monday will be driven by favourable global cues and domestic economic data such as the HSBC India Manufacturing PMI and HSBC India Services PMI, as per the market analysts.
The Nifty 50 surged by 397.40 points, or 1.65 per cent, to close at 24,541.15, while the Sensex jumped 1,330.96 points, or 1.68 per cent, ending the day at 80,436.85.