Domestic stock markets

Sensex, Nifty open in green over US-India trade talks, Bihar exit polls

The Indian benchmark indices opened in green zone on Wednesday, amid reports of an imminent India-US trade deal and exit polls in Bihar predicting decisive majority for NDA. As of 9.25 am, Sensex advanced 496 points, or 0.59 per cent at 84,367 and Nifty inched up 147 points, or 0.58 per cent to 25,842. The broadcap indices performed in line with the benchmarks, with the Nifty Midcap 100 up 0.55 per cent and the Nifty Smallcap 100 adding 0.61 per cent. Max Healthcare and Tech Mahindra we...

November 24, 2024 4:28 PM

Stocks in India likely to react to assembly poll results and fund flows for fresh cues

Domestic stock markets are poised to react on Monday to the outcomes of recent state elections in Maharashtra and Jharkhand, alongside key domestic macroeconomic data and trends in foreign institutional investor (FII) fund flows, according to market analysts. The bi-monthly Monetary Policy Committee (MPC) meeting scheduled for early December is also expected to influence investor sentiment, as analysts anticipate a 25-basis-point rate cut amid concerns over slowing economic growth and moderatin...