Indian stock markets remained closed on Thursday, May 1, in observance of Maharashtra Day. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) suspended trading for the day.
Indian equity markets started the Tuesday session on a positive note, supported by strong inflows from foreign portfolio investors (FPIs) and domestic institutional investors (DIIs).
The investors in the upcoming week will closely monitor key economic data, geopolitical tensions, foreign institutional investor (FII) moves and discussions around the new trade agreement between the US and its trade partners.
Indian stock indices slumped sharply after early morning gains on Friday, with analysts attributing it to risk aversion and cautious approach from the investors in the awake of Pahalgam terror attack.
Indian equity benchmarks, Sensex and Nifty, ended in negative territory after seven session gains, perhaps due to the diplomatic actions against Pakistan by the government following the dastardly terror attacks in Pahalgam.
The Indian stock market opened with a marginal decline on Thursday as geopolitical tensions weighed on investor sentiment. This comes after India took diplomatic measures against Pakistan in response to the recent attack in Pahalgam.
Indian stock indices remained in the green for the seventh straight session, and in the process, Sensex regained the 80,000 levels. Sensex is still some 6,000 points from its peak.
Indian stock markets on Wednesday opened higher, driven by the optimism around the potential India-US trade bilateral deal, continued foreign investment and positive economic indicators.