The Sensex, India's key equity index, opened down by 131.51 points, or 0.18 per cent, at 73,883.04, while the Nifty, another major index, started the session lower by 23.25 points, or 0.1 per cent, at 22,438.75.
Riding on the gains from the previous financial year, Indian stock indices kicked off the new fiscal 2024-25 on a bullish note. The benchmark indices - Sensex and Nifty - hit fresh all-time highs on Monday
Indian stock market indices settled in the red on Tuesday, kicking off a holiday-truncated week in line with Asian peers, with investors now focusing on US inflation data due later this week.
As the trading bell rang on Tuesday morning, stock indices reflected a flat sentiment, with the benchmark Sensex down by 234.50 points, opening at 72,597.44, while the Nifty slipped 47.95 points to commence at 22,048.80.
Indian stock indices traded firm Thursday after the opening bell, tracking a global stock rally after the US Federal Reserve, in its latest monetary policy review meeting, maintained its projection of three rate cuts this year.
Indian stock market indices traded in the red at Tuesday's opening bell over reported concerns of overheating in the small and midcaps space coupled with profit booking by investors.
Indian stock market indices extended their losses from the previous week, though marginally, tracking weak US market cues and concerns of over-heating in small and midcaps space.
Indian benchmark stock market indices traded marginally higher in Thursday morning session after a sharp slump in the previous session led by a broad sell-off.
Indian stock indices extended their gains from the previous to marginally rise at the opening bell Wednesday, tracking its US peers and a relative decline in retail inflation back home.
The inflation data--both for retail and wholesale--set to be released this week will be on investors' radar for fresh cues. Retail inflation data will be released later in the day today.