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SENSEX

The Indian stock market displayed resilience, opening on a positive note despite escalating geopolitical tensions between Russia and Ukraine.

At the close of trading, the Sensex dropped by 422 points, or 0.54%, to 77,155, and the Nifty fell 168 points, or 0.72%, to 23,349. The market saw 1,235 stocks close higher, while 2,735 stocks ended lower. Only 95 stocks remained unchanged

The Indian stock market opened in the red on Thursday, as rising tensions in the Russia-Ukraine war weighed on investor sentiment.

The Indian stock market saw heavy volatility on Tuesday, with a strong rally fading by the end due to growing geopolitical concerns.

The Sensex closed at 77,330.01, falling 241.30 points or 0.31%. Nifty ended at 23,453.80, down by 78.90 points or 0.34%. Despite the overall decline, the Nifty Bank index rose by 184.25 points or 0.37%, closing at 50,363.80

On Thursday, Indian stocks declined for the sixth straight day, with selling in PSU banks, pharma, FMCG, and metals.

Stock markets opened flat, with gains in IT, PSU banks, financial services, and pharma sectors, though broader sentiment remained cautious.

On Monday, the Indian stock markets closed on a flat note, with mixed performance across various key sectors.

The market outlook for the upcoming week will be influenced by crucial macroeconomic indicators and the final batch of Q2 earnings reports.

Indian markets opened on a cautious note Friday, reflecting global uncertainty following a second consecutive rate cut by the US Fed Reserve.