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.
Afghan President Ashraf Ghani left the country on Sunday night, while the Taliban forces entered the capital of Kabul and took control of the presidential palace.
According to Likhita Chepa at CapitalVia Global Research: "With financial and technology stocks strengthening the Indian markets, there are chances to witness a decisive breakout above 15,900 today."
Any function with public gatherings should get prior permissions from the district authorities.
Rising COVID-19 cases in the country have dented market sentiment of late.
ITC was the top gainer in the Sensex pack, rising around 2.10 per cent, followed by Reliance, HCL Tech, NTPC, Asian Paints, and Axis Bank.
