Indian stocks on US exchanges surge as Exit Polls indicate big win for BJP
The surge in stock prices in India fueled by the Exit Polls showing a big win for the BJP has carried on to the stocks of Indian companies trading in the US.
The surge in stock prices in India fueled by the Exit Polls showing a big win for the BJP has carried on to the stocks of Indian companies trading in the US.
Foreign portfolio investors (FPIs) have sold assets worth about Rs 15,828 crore in Indian stock markets so far in 2023
A substantial reduction in both retail and wholesale inflation in the nation prevented the indices from falling much, though.
The marginal rise in indices for the second day can be partly attributed to the moderation in both retail and wholesale inflation in India.
BSE Sensex fell 176 points to 59,781.42 and the NSE Nifty 50 fell 55 points to 17,826.45 points.
BSE Sensex increased by 43 points to 60,396.65, and the NSE Nifty 50 increased by 14 points to 18,012.95
On Tuesday morning, the laggards included JSL, Eureka Forbes, Triveni Turbine, Usha Mart, and Tatva Chintan Pharma.
Tata Steel, Hindalco, Tata Motors, JSW Steel, and Brittania were the most active stocks on the NSE among all the stocks that rose on Monday morning
Sensex was trading at 61,771.83 in the opening session, up barely 21.23 points or 0.034 percent,
At 9.39 am, the Sensex was down 67.11 points, or 0.11 percent, and the Nifty was down 18.10 points, or 0.100 percent, at 18,127.30.
