Indian stock markets opened flat on Tuesday ahead of the much-awaited U.S. Federal Reserve meeting, even as Asian markets rallied on hopes of a rate cut.
The domestic stock markets opened almost flat in the red on Tuesday, indicating a volatile session ahead as investors remained cautious before key global events scheduled this week.
The stock markets started the week on a positive note on Monday, rising ahead of major global events including the U.S. Federal Reserve's rate decision, the meeting between U.S. President Donald Trump and Chinese President Xi Jinping, and quarterly results from the "Magnificent 7" technology
Indian stock markets opened on a flat note on Friday as investors remained in a wait-and-watch mode amid anticipation of an official announcement on a possible US-India trade deal.
The new Samvat year 2082 is expected to bring stronger and more stable performance for Indian stock markets, with experts projecting double-digit growth driven by robust domestic fundamentals, easing inflation, policy reforms, and renewed foreign investor interest.
US stock markets witnessed heavy selling on Friday after President Donald Trump announced fresh trade measures against China, including a 100 per cent tariff on Chinese goods and export controls on critical software.
The latest blockbuster IPO week in the domestic stock markets has highlighted that investors continue to show strong confidence in India's growth story, even during a challenging phase when the Nifty and Sensex have delivered no returns for the past 30 months.