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Despite NDA’s decisive victory in the Bihar elections, the Indian stock market turned red, surprising many investors. The initial exit poll results had boosted markets, but profit booking, global market trends, rising crude prices, and foreign institutional selling caused the fall.
Indian markets opened lower on Friday amid global weakness and foreign fund outflows. Sensex plunged over 630 points and Nifty fell 185 as FIIs sold shares worth ₹3,263 crore despite domestic investors’ buying support.
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Trading remained subdued, with the Nifty moving within a 140-point range and the Sensex within 500 points. This upward movement was driven by investor optimism and buying interest across various sectors.
The stock market opened higher on Monday after six days of decline. Expert insights suggest a possible short-term rebound, though sustained growth depends on global cues. Investors are advised to invest gradually in strong large-cap sectors and pharma.
Indian stock markets opened strong on Wednesday with Sensex and Nifty gaining sharply. Investor sentiment improved due to global cues, strong corporate earnings, and positive signals from US-India relations.
The company located in Gurugram, involved in sectors such as fluorochemicals, specialty chemicals, laminated fabrics, and technical textiles, declared a profit of Rs 432.32 crore for the June quarter of FY 2025-26. It recorded a net profit of Rs 252.22 crore in the same period last year.
India’s leading power generation company NTPC Green Energy filed draft papers for a 100 billion rupees ($1.19 billion) initial public offering. Read further on Dynamite News:
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