Selling pressure returned to the Indian stock markets on Thursday as both benchmark indices opened in the red amid the absence of any fresh trigger, even as foreign investors continued to show positive interest in the markets.
The domestic equity markets entered a consolidation phase on Wednesday after the recent rally driven by the India-US deal, with indices opening flat but registering modest gains amid returning foreign inflows.
The share market in the country witnessed a turnaround with a positive opening continuing on Tuesday, as foreign inflows returned to domestic markets and investor sentiment remained upbeat.
Indian equity markets are relatively protected from the risks of a potential artificial intelligence (AI) bubble, owing to their limited exposure to pure-play AI companies and a more balanced market structure, according to a report by Motilal Oswal Private Wealth.
The domestic equity markets opened strong on Monday as experts point to improving sentiment driven by clarity on the India-US trade deal, supportive domestic factors and positive global cues.
Indian stock indices settled lower on Thursday, with analysts attributing the decline to profit booking following the recent uptick after the announcement of the India-US trade deal.
The Indian stock markets entered a consolidation phase on Thursday, with benchmark indices Nifty and Sensex opening almost flat, while IT stocks remained under pressure and silver prices witnessed a sharp fall.
Drugs Control Administration, Telangana, busted the unlicensed manufacturing and sale/distribution of medical devices at Bluesemi Research and Development Pvt. Ltd., Raidurg, Serilingampally, Ranga Reddy district. Stocks worth Rs 4 lakhs were seized during the raid, a Drug Control officia
The Ministry of Railways stated that the development of these new rolling stocks follows a "holistic approach that combines technological innovation and strategic planning." The manufacturing process involves developing prototypes, followed by extensive testing and trials before transitionin
Domestic stock markets witnessed a return of selling pressure on Wednesday morning as global cues turned weak following a fresh escalation in tensions in the Middle East and sharp selling in big technology stocks in the United States.
Indian stock indices recovered on Monday, though not entirely, after the Budget day nosedive, partly due to value buying and weakening global crude oil prices.
Domestic stock markets recovered from early losses and moved into positive territory in early trade on Monday after opening lower amid selling pressure triggered by the hike in Securities Transaction Tax (STT) announced in the Union Budget.