Indian stocks were largely steady Friday morning as investors seemed to be holding back from putting fresh bets in the markets in the short run. The stock indices have been hitting their all-time highs and are at their peaks currently.
Indian stocks were largely steady Thursday morning as investors seemed to be holding back from putting more money into the markets in the short run. The stock indices have been hitting their all-time highs and are at their peaks currently.
The latest fund inflows started after the recent banking crisis in the US, leading to the Silicon Valley Bank's closure, among others, in March. Also, India's strong economic outlook seemed to have a renewed appetite for domestic stocks.
Indian stock indices continued to remain green as they built on the previous week's sharp gains. Benchmark Sensex and Nifty were 0.7 per cent higher each at the time of writing this report.
Indian stock indices - Sensex and Nifty - yet again touched their all-time highs Wednesday, with experts attributing it to strong economic parameters including a firm GDP outlook, moderate inflation and strong purchases by foreign investors.
Indian stock indices - Sensex and Nifty - yet again touched their all-time highs Wednesday. The indices were above 1 per cent higher at the time of writing this report.
Indian stock indices traded in the red Friday morning partly due to profit booking after they peaked this week and on indications that the global fight against inflation, as indicated by various central banks, is far from over.