The Indian stock markets opened in red territory on Tuesday, indicating a volatile trading session during the day and a cautious approach of investors amid global uncertainties and mixed domestic cues.
The Indian stock markets closed flat on Budget day after a highly volatile trading session, especially during the Union Budget speech by Finance Minister.
Indian stock markets ended flat on Tuesday after a volatile trading session. The Nifty 50 index tried to touch the historic mark of 25,000 but closed below.
As the week gone by saw Indian stock markets touching fresh all-time highs and at the same time volatile trading days, the market is likely to see stock specific moves gain traction on the back of ongoing earning season, as per the market analysts.
Market sentiment on Thursday was subdued as investors awaited the first-quarter results of TCS and contended with the weekly expiry of Nifty futures and options contracts.
The benchmark BSE Sensex witnessed a downturn, shedding 187.75 points to close at 65,794.73. Similarly, the NSE Nifty50 retreated by 33.40 points, settling at 19,731.80.
At the close of trading, the Sensex, which tracks the performance of the Bombay Stock Exchange (BSE), stood at 65,843.59, indicating a decline of 109.88 points.
Mumbai (Maharashtra) [India], October 3 (ANI): The Indian stock market's key indices, Sensex and Nifty, slumped on Monday dragged by heavy selling pressure in auto and banking stocks.