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 - 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.
The National Stock Exchange and Bombay Stock Exchanges put out circulars in line with the Maharashtra government's notification released on Monday regarding the change in the Eid holiday.
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.
Indian stock indices traded largely steady on Thursday morning after their all-time highs reached in the previous session. Meanwhile, analysts cautioned high valuation may keep investors at bay for the time being.
Indian stock indices traded positively on Wednesday morning, tracking firm cues from overseas peers and indications that the US may avoid a recession. Sensex and Nifty were 0.2-0.3 per cent higher at the time of writing this report.
Indian stock indices managed to trade on a positive note throughout Wednesday's session and settled substantially high with all eyes now focused on the Reserve Bank of India's (RBI) decision from the ongoing bi-monthly monetary policy review.
Benchmark indices Sensex and Nifty closed about 0.3 per cent lower each. The fall in indices could be attributed to profit booking by investors after the latest consistent rally in Indian stocks.