Reply to thread

Message

[QUOTE="Munyaradzi Mafaro, post: 53787, member: 636"]
Indian equity markets began Monday trading with minimal movement as global signals remained inconsistent. Market participants await developments regarding interim trade negotiations between India and the United States. The Sensex fell 50 points to 81,714 while the Nifty declined 17 points to 24,951 during early sessions. Both midcap and smallcap segments experienced downward pressure with respective indices losing ground. Investment experts identify trade discussions as the primary market driver for upcoming sessions.

Dr VK Vijayakumar from Geojit Investments suggests tariff rates below 20 percent would benefit Indian markets positively. Sectoral performance varied with auto, technology, and pharmaceutical stocks declining while financial services and metals gained strength. Major companies like Reliance and Infosys faced selling pressure whereas Tata Steel and HDFC Bank recorded advances. Asian markets displayed mixed trends with Shanghai and Hong Kong rising while Tokyo fell. Foreign investors purchased securities worth Rs 374 crore after turning net buyers while domestic institutions maintained their buying streak with Rs 2,103 crore in purchases.
[/QUOTE]

Name