Indian stock markets continued their upward momentum on Wednesday, supported by positive global cues and the ongoing exchange of optimistic posts on social media between Prime Minister Narendra Modi and U.S. President Donald Trump.
Indian equity benchmarks opened on a positive note on Monday, tracking firm global cues and investor optimism over potential improvement in relations between the US and India under the Trump and Modi administrations.
Indian stock markets continued their upward momentum on Friday with a positive opening, supported by optimism around the recently announced GST 2.0 reforms.
The rally returned to Indian equity markets on Thursday as the government's move to rationalize Goods and Services Tax (GST) rates boosted investor sentiment.
Indian stock markets opened almost flat on Wednesday as investors waited for the outcome of the Goods and Services Tax (GST) Council meeting, where crucial decisions on GST rates are expected.
Indian stock markets remained shut on Wednesday on account of Ganesh Chaturthi. Since the festival is a state holiday in Maharashtra, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), which are headquartered in Mumbai, observed a trading holiday.
Indian stock markets opened under pressure on Tuesday as the United States Customs Department went ahead with the decision to impose 50 per cent tariffs on Indian goods and published a draft notice.
The Indian stock markets have registered double-digit sequential growth in new investor registrations during the current financial year so far, excluding April, according to a report released by the National Stock Exchange (NSE).