India's capital market has surged significantly over the past four years as the number of demat accounts in the country has surged more than fourfold, reaching 17.9 crore (179 million) by October 2024, says a report by Motilal Oswal.
In the absence of any major triggers in the stock market, the participants will keenly have their eyes on the macroeconomic indicators like IIP and CPI inflation, starting from Monday, as per the market analysts.
The Indian stock indices revived during the day on Thursday after a slow start at the opening, as investors anticipate a rate cut in the ongoing MPC meeting says market experts.
Indian stock markets declined after opening flat on Monday, with selling pressure mounting after lower-than-expected GDP numbers were released last week.
Indian stock markets opened flat on Thursday amid selling pressure in other Asian markets. However, a buying trend was observed due to the return of foreign investors.