The domestic stock markets opened on a strong note today, gaining over 0.5 per cent, as exit polls indicated a comfortable majority for the ruling coalition in Bihar.
Starting Systematic Investment Plans (SIPs) at the top of a market cycle can lead to higher absolute wealth creation in rupee terms compared to SIPs that begin at the bottom, even though percentage returns may be marginally higher for the latter, according to a report by WhiteOak Capital.
The domestic stock market opened on a flat note on Monday, continuing its sideways movement as investors remained cautious ahead of key domestic and global events. Both benchmark indices registered marginal gains in early trade.
The selling spree continued in Indian stock markets on Friday, as both key indices extended their weekly losses, slipping nearly 1 per cent amid weak investor sentiment and a lack of clarity on the much-anticipated India-US trade deal.
The domestic stock markets opened flat on Thursday as investors closely monitored the Bihar assembly election voting. The outcome of the Bihar polls holds significant importance given central government dependence on coalition partners.
The domestic stock markets opened on a cautious note ahead of the crucial meeting between U.S. President Donald Trump and Chinese President Xi Jinping, with experts expecting Indian markets to touch new all-time highs in the coming weeks.
Indian stock markets opened flat on Tuesday ahead of the much-awaited U.S. Federal Reserve meeting, even as Asian markets rallied on hopes of a rate cut.
At the end of the trading day, the BSE Sensex was down 150.68 points or 0.18 per cent at 84,628.16, and the Nifty50 at the National Stock Exchange (NSE) was down 29.85 points or 0.11 per cent at 25,936.20.
The domestic stock markets opened almost flat in the red on Tuesday, indicating a volatile session ahead as investors remained cautious before key global events scheduled this week.