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.
At the close, the Sensex was up 266.47 points, or 0.32%, to 83,580.40, while the Nifty gained 50.90 points, or 0.20%, at 25,693.70.
At the close, the Sensex was up 943.52 points, or 1.17%, at 81,666.46, while the Nifty gained 262.95 points, or 1.06%, to close at 25,088.40.
On paper, the Finance Minister has adhered to a fiscally conservative script, protected capital expenditure at a record Rs 12.2 lakh crore, and provided targeted incentives across manufacturing, biopharma, container production, textiles, and MSMEs—clearly indicating its intent to rebuild India's industrial base amid global supply-chain realignment.
Among the sectors, Nifty Metal losses by 5.21%, IT down by 1.03%, Private Bank down by 0.63%, Oil & Gas down by 0.53%, Nifty Bank fell by 0.58%, while the Financial Services index ended 0.65% lower.
The BSE 150 Midcap index inched up by 0.10%, while the BSE 250 Smallcap index slipped 0.19%.
