Indian stock market: Gift Nifty, US Market, Asian markets to oil prices. 7 keys that changed for market overnight
Indian stock market: Getting reports of volatility from its Asian equivalents, the domestic equities market is expected to open flat on Thursday.
While the US stock market was closed for the June 19 holiday, Asian markets experienced volatile trade.
Market participants are aware of China's one- and five-year loan prime rate circumstance. The People's Bank of China agreed earlier this week to keep the medium-term loan facility's rate at 2.5% for one year, which is expected to remain unchanged.
The primary indexes of the Indian stock market finished neutral on Wednesday, with profit booking reaching all-time high levels.
The Nifty 50 slipped 41.90 points, or 0.18%, to 23,516.00, while the Sensex gained 36.45 points, or 0.05%, ending the day at 77,337.59.
While the US stock market was closed for the June 19 holiday, Asian markets experienced volatile trade.
Market participants are aware of China's one- and five-year loan prime rate circumstance. The People's Bank of China agreed earlier this week to keep the medium-term loan facility's rate at 2.5% for one year, which is expected to remain unchanged.
The primary indexes of the Indian stock market finished neutral on Wednesday, with profit booking reaching all-time high levels.
The Nifty 50 slipped 41.90 points, or 0.18%, to 23,516.00, while the Sensex gained 36.45 points, or 0.05%, ending the day at 77,337.59.
"Strong buys in banking stocks helped the rise through a volatile trading session, but the Nifty closed slowly as investors booked profits in auto, metals, oil and gas, telecom, and real estate, etc. companies after the recent rise. Ahead of the Budget, markets may see stock and sector-specific activity on the expectation that the government will increase outlays for industries to boost growth."
GIFT Nifty is up by 20 points: here's what changed for market while you were sleeping.
Indian stock market: Gift Nifty, US Market, Asian markets to oil prices. 7 keys that changed for market overnight
Indian stock market: Getting reports of volatility from its Asian equivalents, the domestic equities market is expected to open flat on Thursday.
While the US stock market was closed for the June 19 holiday, Asian markets experienced volatile trade.
Market participants are aware of China's one- and five-year loan prime rate circumstance. The People's Bank of China agreed earlier this week to keep the medium-term loan facility's rate at 2.5% for one year, which is expected to remain unchanged.
The primary indexes of the Indian stock market finished neutral on Wednesday, with profit booking reaching all-time high levels.
The Nifty 50 slipped 41.90 points, or 0.18%, to 23,516.00, while the Sensex gained 36.45 points, or 0.05%, ending the day at 77,337.59.
"Strong buys in banking stocks helped the rise through a volatile trading session, but the Nifty closed slowly as investors booked profits in auto, metals, oil and gas, telecom, and real estate, etc. companies after the recent rise. Ahead of the Budget, markets may see stock and sector-specific activity on the expectation that the government will increase outlays for industries to boost growth."
GIFT Nifty is up by 20 points: here's what changed for market while you were sleeping.
Benchmark equity indices dropped on Thursday following the RBI's monetary policy announcement, as the central bank sounded hawkish on inflation. The unexpected news of a reduction of cash in the financial system also weighed on morale.
"Markets will now take indications from US inflation data, which will be released late Thursday, as the data will provide additional insights into the Fed's future policy decisions," said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
