On Tuesday, Nifty at National Stock Exchange or NSE opened in green territory at 24,839.40 up 3.30 points a marginal 0.01 per cent up, while the BSE Sensex opened with the red mark at 81349.30 down 6.56 points or 0.01 per cent.
After recovering from the post-budget losses, the Indian stock market closed in green for the first time this week after five consecutive trading day's losses.
The Indian stock market opened with minor gains on Friday remaining negative for two consecutive days after the announcement of the Union Budget 2024-25.
As per the market analysts, the declining global sentiment after the disappointment that arose after the earnings disclosure of Alphabet and Tesl have greatly impacted the market globally.
Indian markets started the week with a decline following global market weakness after U.S. President Joe Biden opted out of the presidential race. Indian markets are also facing selling pressure ahead of the Union Budget announcement by the government.
As the highly-anticipated Union Budget week is going to commence today, investors' sentiments in the equity market will be driven by the announcements made by Finance Minister Nirmala Sitharaman.
The foreign direct inflows in India will continue to surge as long as the "China plus one" strategy combined with the production linked incentive (PLI) schemes are working, highlights a report by Jefferies, an investment banking and capital markets firm.
The Indian stock market opened with minor gains, tracking positive global cues on Tuesday. The BSE Sensex opened in green at 80730.50, up 65.66 or 0.08 per cent while Nifty opened with a gain of 29.20 or 0.12 per cent up at 24615.90.
As the week gone by saw Indian stock markets touching fresh all-time highs and at the same time volatile trading days, the market is likely to see stock specific moves gain traction on the back of ongoing earning season, as per the market analysts.
Market sentiment on Thursday was subdued as investors awaited the first-quarter results of TCS and contended with the weekly expiry of Nifty futures and options contracts.
The BSE Sensex closed 53.07 points down at 79,996.60, falling just short of the 80,000 mark, while the NSE Nifty inched up 21.70 points to close at 24,323.85.