Selling pressure mounted on the Indian stock markets on Thursday after the SEBI regulation on F&O, and with another main reason being the continued foreign outflows from Indian markets to other Asian markets.
Indian stock market indices Nifty and Sensex opened flat on Tuesday as the markets entered a consolidation phase after foreign investors turned towards other Asian markets like China and Hong Kong.
With Indian stock markets making new highs, the people from states like Uttar Pradesh, Rajasthan and West Bengal are participating in share markets actively, highlighted a latest report by National Stock Exchange (NSE).
The rally in Indian stocks continued on Friday as both indices, Nifty and Sensex, maintained their upward trend, with the Sensex nearing the 86,000 mark.
Indian stock indices Nifty and Sensex opened flat on Thursday amid selling by Foreign Institutional Investors (FIIs) and buying support from Domestic Institutional Investors (DIIs), keeping the indices in a balanced mode.
Indian stock markets opened flat on Wednesday as the monthly and quarterly expiry date approaches, though experts noted that the markets are still in bull mode.
Indian markets are in cautious mode as the Fed rate cut announcement will be made tonight, with both stock indices, Nifty and Sensex, opening flat on Wednesday with a marginal dip.
The Nifty 50 index opened at 25,406.65 points, gaining 50.15 points or 0.2 per cent, while the BSE Sensex surged 94.39 points at opening to 82,985.33 or 0.11 per cent.
Foreign Portfolio Investors (FPIs) continued their bullish stance on Indian stocks, infusing Rs 16,881.03 crore in the second week of September, according to data from the National Securities Depository Limited (NSDL).