Foreign institutional investors turned net buyers with cash market inflows of over Rs 3,421 crore in the first week of July, even as analysts warned that geopolitical risks and India-US trade developments could keep markets volatile.
Indian stock markets ended lower in a volatile trading session on Tuesday, with the Nifty closing below the 23,900 mark. The benchmark indices erased their early gains and oscillated between positive and negative territory throughout the day.
Indian stock markets on Wednesday ended with gains as the Nifty reclaimed the 24,000 mark, supported by strong buying in IT, realty, and banking stocks.
Indian stock markets ended sharply lower on Tuesday, with the Nifty closing below the 23,850 mark. The markets took cues from weak global trends and uncertainty surrounding the US-Iran peace talks.
Indian markets opened sharply higher as investors welcomed easing tensions in West Asia, lower crude oil prices and reports of a breakthrough between the United States and Iran.
Sensex closed at 81,867.55, up 126 points, or 0.15%. The index hit its fresh all-time high of 82,129.49.
The Sensex closed 0.35% higher at 81,455.4, 285.94 points above opening price. The index traded between 81,828.04 and 81,434.32.
Sensex opened at 81,349.28 against its previous close of 81,355.84 and settled 100 points, or 0.12%, higher at 81,455.40.
Indian stock market indices opened with gains on Monday following the global rally. On the National Stock Exchange, the Nifty 50 index opened at 24,943.30, up by 108.45 points or 0.44 per cent, while the BSE Sensex gained 346.93 points or 0.43 per cent to reach 81,679.65 points.
The Sensex jumped 1,292.92 points, or 1.62%, to settle at 81,332.72. During the day, it soared 1,387.38 points, or 1.73%, to reach 81,427.18.
