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).
Indian stock markets have largely remained stable during periods of military or political tension with Pakistan, according to a new analysis by Anand Rathi Research.
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 markets on Wednesday opened higher, driven by the optimism around the potential India-US trade bilateral deal, continued foreign investment and positive economic indicators.
Indian stock markets started the fresh week on a strong note, supported by positive foreign fund inflows and the visit of US Vice President J D Vance to India.
Indian stock markets are shut on Friday due to the Good Friday holiday. However, other major Asian markets continued their upward trend, with key indices posting gains.