Indian stock benchmarks sharply tilted downwards on Monday, starting the fresh week on a dampening note, with all sectoral indices in the red, due to a host of factors, both local and global.
The flat movement has returned to the Indian stock markets after a positive rally witnessed last weekend, with domestic indices opening slightly lower on Monday.
At the close of trading today, the BSE Sensex ended at 85,712.37, up 447.05 points or 0.52 per cent, while the NSE Nifty50 stood at 26,186.45, up 152.7 points or 0.59 per cent. Broader markets were mixed, with the Nifty Midcap100 up 0.5 per cent while the Smallcap100 index slipped 0.6 per ce
The domestic equity market opened on a cautious note on Friday with a marginal dip as investors awaited the Reserve Bank of India's policy announcement and monitoring Russian President Vladimir Putin's visit to India, where he will be holding key meetings related to bilateral relations.
Indian equity indices ended Wednesday in negative territory, possibly due to the rupee's weakness against the US dollar, Foreign Institutional Investor (FII) outflows, and ongoing trade uncertainties.
The domestic benchmark indices witnessed selling pressure on Wednesday's opening trade as the weakening Rupee and cautious investor sentiment weighed on the markets.
The domestic share market opened on a weak note on Tuesday as both the benchmark indices slipped into negative territory, weighed down by a falling rupee and continued foreign portfolio investor (FPI) outflows.
The domestic stock markets entered a consolidation phase in early trade on Friday, a day after both benchmark indices touched fresh all-time highs, as traders booked profits at higher levels.
Nifty touched a new high of 26,285.95 on Thursday, gaining 80.65 points or 0.31 per cent, marking its first new peak in 14 months as bullish sentiment returned to the markets.