Indian stock indices extended their positive momentum from the past week and opened in the green on Tuesday, largely due to firm GST collections and continued foreign fund inflows in April.
Indian stock indices opened Monday's trade on a firm note after closing largely steady last week. At 9.26 am, benchmark domestic indices Sensex and Nifty traded 0.3 per cent up from their previous closing.
Indian stock indices opened Wednesday's trade marginally higher as investors await retail inflation data for March (both for India and the US) later in the day.
Indian stock indices opened Tuesday's trade on a positive note, largely due to the pause in an interest rate hike by RBI which brought cheers among investors.
Indian stock indices closed Monday's trade largely on a steady note, as investors await retail and wholesale inflation data for March due later this week.
Indian stock indices extended their gains, though marginally, on Wednesday as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting -- the first in 2023-24 which started Monday.
Largely, the fall is in line with weakness in the US markets, which are volatile as the US Federal Reserve further hiked interest rates to bring down inflation to its target even as volatility in the banking system continued due to the recent collapse of some banks.
Benchmark stock indices in India settled in the green on Friday, tracking positive cues from overseas markets which improved after the recent slump -- following the collapse of Silicon Valley Bank and aftereffects on some other banks.