Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, where incumbent BJP performed below par and seems it may fall short of exit poll predictions and the majority mark.
Indian stock indices opened on a firm note Friday, following five straight sessions of losses, primarily due to fresh accumulation of stocks by investors following the latest dip.
On Wednesday morning, Indian stock indices consolidated from where they were at the previous session closing. After a stellar rally over the past few weeks, markets faced some resistance this week.
The consistent bull run in Indian stock indices - Sensex and Nifty -- continued through Thursday, and touched fresh highs yet again, reacting to Prime Minister Narendra Modi's assertion that BJP-led alliance is on track to form the government for a record third term.
After a volatile start to the session, Indian stock indices signed off this week's trade on a positive note, supported by strong support from a majority of sectoral indices. With the fourth phase of elections now behind us, it is widely expected by investors, that the Narendra Modi-led gover
Indian stock indices are off to a strong start at the opening bell Thursday, tracking firm overnight cues from US markets which rose after a softer-than-expected US consumer inflation in April.
Indian stock indices started Wednesday's session marginally higher, keeping the positive momentum intact for the fourth straight session, primarily tracking positive cues from the US markets which rose overnight.
Indian stock indices opened marginally in the green Tuesday, extending the positive momentum from the previous session closing, primarily due to fresh buying after the latest dip.
Indian stock markets experienced a slight gain during Friday's session following a slump in stock indices on Thursday. The Nifty 50 index rose by 0.44 percent to close at 22,055, while the Sensex gained 260.3 points to close at 72,664.47. With the exception of the IT, Realty, PSU Bank, and B
Ajay Bagga, banking and market expert, commented on the market situation, stating, "India Vix has moved up every day for the last 10 days, rising 67 per cent over this period. Markets are very volatile, and sustained FII selling in secondary markets is a negative for the Indian markets. Expe