The robust inflows of foreign funds, relative strength of the Rupee, and hint by the US Fed on slowing down on policy rates supported Indian stock markets.
On October 19, 2021, Nifty had reached a high of 18604.45 levels for the first time in its history. On the particular date, Nifty50 opened with 18602.35 to settle at 18477.05 levels. On this particular day, more than 36,82,30,309 shares traded on the National Stock Exchange.
At the time of writing this report, Sensex traded at 62,393.27 points, up 99.63 points or 0.16 per cent, whereas Nifty traded at 18,536.10 points, up 23.35 points, up 0.13 per cent.
The indices rose on Monday tracking gains from Friday's US markets amid hopes of slower interest rate hikes coupled with healthy corporate earnings back here in India and the seeming return of foreign funds during the past week. The rally in the markets was backed by stock-specific movements in the auto, bank, metal and tech sectors.
New Delhi (India), October 18 (ANI): Indian stock indices extended their gains for the third straight session on Tuesday, tracking relatively firm cues from US markets.
The 30 stock S&P BSE Sensex was trading 403.82 points or 0.70 per cent higher at 58,323.79 points at 1.12 pm against its previous session’s close at 57,919.97 points Mumbai: Reversing the morning session losses, the Indian stock market’s benchmark Sensex was trading 404 points higher in the afternoon session...
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New Delhi [India], October 17 (ANI): Indian stock indices fell marginally in early trade on Monday tracking weak cues from US markets, which apparently declined due to persistently high inflation in the country and the subsequent monetary policy tightening.
Mumbai (Maharashtra) [India], October 10 (ANI): The Indian stock market's benchmark Sensex closed 200 points lower on Monday, dragged by selling pressure in energy and financial stocks.
New Delhi [India], October 9 (ANI): Experts believe stocks will be still in bearish mode as markets open up on Monday. The Indian equity markets are widely influenced by global cues, the macro environment and depending on the situation of stock exchanges' index like Dow Jones, it may continue to fall. The Nifty50 had fallen below the 17,100 mark on Friday.