Indian stock market opened with modest gain on Wednesday marking the third consecutive session in the upward gain. The markets gained after the reduced global tensions and strong corporate earnings for the March quarter.
Among the Nifty companies, 24 saw advances while 25 faced declines. Grasim, Bharti Airtel, Nestle India, Maruti, and Tata Motors emerged as the top gainers, while Sun Pharma, BPCL, Reliance, Dr Reddy, and Hindalco were among the top losers.
Indian stock markets opened in green on Tuesday's trading session. Sensex opened at 73,971.45 gaining 322.83 points and 0.44 per cent while the Nifty opened at 22,426.45 gaining 90.05 points, which is 0.4 per cent gain buoyed by positive global cues.
Indian stock indices started the fresh week in the green, carrying over positive momentum from the past week's closing, possibly due to fresh buying on dips.
Volatility returned in Indian stock markets after a smooth rally at the start of April month. The current volatility is primarily driven by Foreign Institutional Investor (FII) selling activity. Despite inflows in the primary markets, secondary markets have experienced significant sell-offs
While the Nifty slides 152.05 points to close at 21,995.85, Sensex also lost 454.69 points to close at 72,488.99. In the Nifty 50 list 36 shares closed with decline while only 14 shares closed with gain.
The Indian stock market anticipates a shift in sentiment as investors have accounted for the delay in Federal Reserve rate cuts. Market participants are hopeful that global pressure on Israel will result in a more moderate response in the market. With these factors in mind, observers are mon