After a positive start on Tuesday, the Indian stock market encountered selling pressure, leading to both indices slipping into the negative territory by the time the closing bell rang.
Indian stock markets have generated an impressive performance during the FY 2023-24. The Nifty 50 index delivered a substantial return of 29 percent in FY 24.
The Sensex declined by 267 points to 73,956, while the Nifty 50 declines 73 points to 22,451 on the early trade during Friday. Despite this, Nifty 50 formed a small negative candle on the daily chart, indicating substantial resistance at new all-time highs.
The National Stock Exchange (NSE) is ready to begin the process for its public issue, but is waiting for a green signal from the capital markets regulator SEBI, said an official of the exchange on Thursday.
New Delhi [India], September 21 (ANI): Snapping two-day gains, Indian stocks traded a tad lower but with a positive bias on Wednesday morning as investors await the actual degree of rate hike by the US Federal Reserve, if at all, for fresh cues.
Washington [US], January 21 (ANI/Sputnik): Stocks on Wall Street hit record highs on Wednesday as Joe Biden began his term as the 46th US president, promising to unite the country and restore its economy from the ravages of the coronavirus pandemic.
Mumbai (Maharashtra) [India], Oct 1 (ANI): Equity benchmark indices closed substantially lower on Tuesday after an extremely volatile session that witnessed banking and financial stocks losing badly.
Mumbai (Maharashtra) [India], Sep 12 (ANI): Equity benchmark gauges ruled firm during early hours on Thursday after ending higher for five consecutive sessions, largely due to upbeat sentiment supported by positive global developments.
Mumbai (Maharashtra) [India], May 14 (ANI): Equity benchmark indices slipped into the negative zone during morning trade on Tuesday following subdues in Asian markets.
Mumbai (Maharashtra) [India], May 13 (ANI): Equity benchmark indices turned volatile after opening in the red on Monday, tracking a sharp fall in Asian peers amid growing concerns over the brewing trade war between the United States and China.