Indian stock indices continued to trade on a steady note on Wednesday. At the opening bell, Sensex and Nifty were just 0.07 per cent lower from the previous closing.
Indian stock indices plunged Thursday morning tracking weak global benchmark US markets, which fell as its central bank Federal Reserve said another hike in interest rate may be needed to tame inflation and bring it to 2 per cent target.
Indian stock indices traded in the red Friday, a day after the Reserve Bank of India flagged concerns about possible inflationary pressures in the near term.
The Sensex opened down by 186.91 points at 65,795.75, while the Nifty, another was down by 57.85 points at 19,580.75 at the time of writing this article.
Indian stock indices traded marginally higher Friday, primarily due to some fresh buying, after they witnessed widespread selling pressure over the past two-three sessions.
Indian stock indices traded sharply lower Wednesday and settled in the red with widespread losses in all sectoral indices. The decline was primarily due to weak market sentiment in global markets.
The BSE Sensex increased 89.62 points (66,608.20) up by 0.11 per cent whereas Nifty increased 14.45 points (19,772.75) up by 0.096 per cent at the time of writing this article.
Indian stock market experienced an increase in value with 0.29 per cent hike in the Nifty and 0.23 per cent hike in the Sensex on Thursday after the US Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday.