Indian stock indices extended gains from the previous session, with financial market participants closely monitoring the outcome and the policy stance of the central bank RBI to be announced at 10 am today, for fresh cues.
Indian stock indices edged marginally higher Friday morning after touching nearly a four-week low the previous session, tracking Asian peers and relatively firm overnight US market cues.
The selling spree continues in Indian stock markets for the third straight session after the US central bank while keeping its interest rate steady in the September meeting, hinted that it may again hike rates going ahead if need be, in its fight against inflation.
Going ahead into this week, investors are likely to tread carefully as the U.S. Federal Reserve's meeting scheduled Tuesday-Wednesday, its outcome due likely this midnight, will be closely monitored.
Indian stock indices opened marginally in the red on Monday, with the benchmarks witnessing mild profit booking. Investors may have taken some money off the table after the indices hit their fresh highs last week.
Indian stock indices touched fresh highs on Friday, largely due to strong overnight cues from US markets and consistent fund inflows by foreign portfolio investors.
Indian stock indices were subdued Wednesday, with the benchmarks witnessing mild profit booking, meaning the investors are taking some money off the table.
Indian stock indices extended gains from the previous session, with Nifty touching its all-time high. The Nifty 50 breached the 20,000 mark for the first time ever on Monday.
An ambitious rail-port economic corridor deal to connect India-Middle East-Europe, seen as an alternate supply chain route in a completely evolved post-pandemic world order, was signed on the sidelines of the successful G20 Summit held in New Delhi -- thus putting focus on railway infrast