Indian equity markets traded higher on Thursday in early deals amid hopes of easing tensions in West Asia after Iran said it was reviewing latest proposal to end the conflict.
At the close, the Sensex fell 733.22 points, or 0.90%, to 80,426.46, while the Nifty ended 236.15 points, or 0.95%, lower at 24,654.70.
At close, the Sensex was down 466.26 points or 0.56% at 82,159.97, and the Nifty was down 124.70 points or 0.49% at 25,202.35.
The stock market on Thursday erased all the intraday losses in the final hour of buying. Indices remained under pressure for the most part of the session.
The Reserve Bank of India’s June 2025 policy surprised markets with its boldness ~ slashing the repo rate by 50 basis points to 5.5 per cent, cutting the Cash Reserve Ratio (CRR) by a substantial 100 basis points, and pivoting its policy stance from accommodative to neutral.
For the first time in the past few months we are seeing some rationality coming in amongst mid/small-caps.
A sharp fall in Infosys after the Q1 results led the markets down sharply by more than 600 points on Friday.
Indian stock indices traded higher on Friday morning, getting support from the US central bank's latest monetary policy stance - which finally paused the interest rate after raising it for over a year.
The week began with losses led by Infosys post its poor results and guidance for the upcoming year. Markets lost on three of the five trading sessions and gained on one. The fifth session which was the last day of the trading week remained flat.
All ten major terminal markets in the Valley were shut for two days on Monday as traders complained that the apple had started rotting in the trucks stranded at different places on the highway.
