Indian markets started the week with a decline following global market weakness after U.S. President Joe Biden opted out of the presidential race. Indian markets are also facing selling pressure ahead of the Union Budget announcement by the government.
Indian stock markets surged to record highs on Thursday driven by favorable inflation data. The BSE Sensex and NSE Nifty soared to new peaks, reaching 77,145 and 23,481 respectively. Notably, the Nifty 50 closed 0.33 per cent higher at 23,398.95, while the Sensex ended 0.27 per cent up at 76
The S&P BSE Sensex breached the remarkable 76,000-mark for the first time, hitting 76,010, while the NSE Nifty50 scaled a new summit at 23,111 before retracting into negative territory.
Indian stock markets experienced high volatility during Wednesday's trading session amid concerns about the decreasing voter turnout in the ongoing general elections in India. The volatility index VIX reached a 15-month high after increasing by more than 40 percent over the last month.
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.
The Adani Group, the ports-to-power conglomerate, continued to bolster its market position on Friday as the group saw significant gains, particularly in its energy portfolio, leading to an increase in its market capitalisation by Rs 12,675 crore.
New Delhi [India], June 20 (ANI): Domestic equity benchmark NSE Nifty and BSE Sensex on Thursday opened in red in early trade dragged down by tech stocks that declined after reports that the United States was mulling caps on H-1B work visas to deter data rules.