Indian stock market ends marginally up amid Q1 earnings, trade deal talks
MUMBAI: The Indian stock markets ended with marginal gains on Wednesday after a volatile trading session as investors remained cautious amid ongoing corporate earnings and concerns over a potential India-US trade deal, which kept market sentiment in check.
MUMBAI: The Indian stock markets ended with marginal gains on Wednesday after a volatile trading session as investors remained cautious amid ongoing corporate earnings and concerns over a potential India-US trade deal, which kept market sentiment in check.
The Sensex recovered from early losses to close at 82,634.48, up 63.57 points or 0.08 per cent. The broader Nifty index also ended almost flat at 25,212.05, rising just 16.25 points or 0.06 per cent.
“The Nifty continues to face resistance at the crucial level of 25,260, which is the 38.20 per cent Fibonacci retracement of the recent decline from 25,669, indicating indecision among investors at the higher level,” Rupak De of LKP Securities stated.
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