Indian stock indices rose substantially on Monday, defying a sharp downturn in the overnight US markets, possibly due to inherent strength in domestic market fundamentals.
Indian stock indices closed Wednesday's trade marginally in the red, mirroring weak cues from the US markets and along with weakness in domestic IT and PSU bank stocks. Profit booking at higher levels also dented the stock indices.
Indian benchmark indices opened with gains on Tuesday following the rally in the Asian and US markets. Experts stated that the rally could push markets to new all-time highs.
According to analysts, Indian stock markets experienced a sharp fall, tracking a sell-off in the US markets. Weak US manufacturing activity raised concerns that the economy might be slowing faster than anticipated.
Mumbai (Maharashtra) [India], July 30: STL (NSE: STLTECH), a leading optical and digital solutions company, today announced the expansion of its Optical Networking capability with the addition of its Optical Connectivity portfolio in the US market.
Nagpur (Maharashtra) [India], July 16: Ceinsys Tech Ltd, a leading Geospatial, Mobility Engineering, and Enterprise solutions provider on July 13th, 2024, announced the signing of the definitive asset purchase agreement with Virtual Tours, LLC (VTS), USA.
The NSE Nifty 50 index gained 40 points to 24,360 points, while BSE Sensex also surged marginally with a gain of 180 points to 80,110 at the time of filing this report. Tuesday marks the second consecutive day when markets opened on a flat note.
Mumbai (Maharashtra) [India], June 20: Appreciate, a SEBI and IFSCA registered fintech company, unveils Goals, a customised basket of ETFs designed for smart retail investors seeking to diversify their portfolio globally with exposure to US markets. Goals' constituent ETFs invest in globally
New Delhi [India] June 15: Post establishing its niche in the Indian market, the software marketplace Techjockey has achieved another significant milestone by successfully expanding its operations to the USA.
In the US market on Thursday, the Dow Jones Industrial average index crosses 40,000 level for the first time, The expert said that the recent rally in the index is amid the hopes of rate cuts from the fed in the coming months.
Indian stock indices are off to a strong start at the opening bell Thursday, tracking firm overnight cues from US markets which rose after a softer-than-expected US consumer inflation in April.
Indian stock indices started Wednesday's session marginally higher, keeping the positive momentum intact for the fourth straight session, primarily tracking positive cues from the US markets which rose overnight.