The BSE Sensex declined by 384.55 points, settling at 81,748.57, while the NSE Nifty shed 100.05 points, closing at 24,668.25. From the Nifty pack, only 9 companies advanced, while 40 stocks declined, reflecting a broadly bearish sentiment.
Indian stock markets started the fresh week on a cautious note on Monday, as both indices declined marginally during the opening session. The US Federal Reserve meeting is set to start on Tuesday, and markets around the globe are expecting a 25 basis points cut.
The participants in the Indian stocks markets will closely monitor various India Purchasing Managers' Index (PMI) of HSBC, US Fed interest rate decisions, foreign fund crude oil prices, and the action of newly appointed Reserve Bank of India (RBI) Governor, Sanjay Malhotra, according to t
India ranks second globally, behind only the United States, in the number of companies consistently achieving a return on equity (ROE) of over 20 per cent for more than a decade, according to a report by DSP Mutual Funds.
India's capital market has surged significantly over the past four years as the number of demat accounts in the country has surged more than fourfold, reaching 17.9 crore (179 million) by October 2024, says a report by Motilal Oswal.
Indian stock markets opened flat on Tuesday amid a rally in other Asian stocks; however, the markets are indicating positive movement with short-term consolidation.