Indian stock markets continued their upward momentum on Tuesday, with both benchmark indices opening with gains, buoyed by the return of Foreign Portfolio Investor (FPI) inflows and positive sentiment stemming from the meeting between Prime Minister Narendra Modi and US Vice President JD Va
While the Indian economy is relatively insulated from a slowdown in the United States, the stock markets of both countries show a strong correlation, according to a report by investment bank and financial services firm Goldman Sachs.
Indian stock markets started the fresh week on a strong note, supported by positive foreign fund inflows and the visit of US Vice President J D Vance to India.
Indian stock markets is set to be shaped by a mix of domestic and global events in upcoming week, with the market participants keenly watchful on the global trade cues, corporate earnings, and foreign investment trends.
Indian stock markets are shut on Friday due to the Good Friday holiday. However, other major Asian markets continued their upward trend, with key indices posting gains.
Indian stock markets witnessed a turnaround on Thursday after a negative start in the morning session. The markets surged around 1 per cent by mid-session due to a strong domestic structural story and FPI buying.
Indian stock markets opened on a flat note on Thursday as investors reacted cautiously to the beginning of the fourth-quarter earnings season and weak global cues. Both benchmark indices saw minor declines in the early session.
Indian stock markets on Tuesday ended on a strong note, driven by favourable global cues, particularly after the United States announced tariff exemptions for select technology products, boosting investor sentiment.