Indian stock market opened with modest gain on Wednesday marking the third consecutive session in the upward gain. The markets gained after the reduced global tensions and strong corporate earnings for the March quarter.
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.
Indian stock indices started the fresh week in the green, carrying over positive momentum from the past week's closing, possibly due to fresh buying on dips.
Foreign portfolio investors (FPIs) have turned net sellers in Indian stocks lately, as the ongoing geopolitical crisis in the Middle East likely pushed investors to take money off their portfolios.
India's Sensex experienced a decline of 0.6 per cent, particularly affecting consumer durables and banking stocks. Today, Sensex continues to trend lower in alignment with other Asian stocks.
The Indian stock markets closed on Tuesday with the third successive weak session in line with global market weakness after the escalation of the Iran-Israel conflict. The Nifty concluded 0.56% lower at 22,147.90, while the BSE Sensex ended 0.62% lower at 72,943.68 on Tuesday's trading sessi
According to Ministry of Consumer Affairs, Food and Public Distribution, the importers and traders of pulses have been instructed to accurately declare their stocks of pulses, including imported Yellow Peas, every week.
India Meteorological Department (IMD) forecasts of a more than longer heatwave this summer, has given a reason to cheer for the air conditioner manufacturers. AC makers in India are ready with their stocks and are also launching new range of summer appliances for the mass market.