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SENSEX

Nifty and Sensex faced resistance at higher levels this week, leading to profit booking, as global macro uncertainties and mixed earnings kept investors wary.

Indian stock markets opened lower on February 12, with concerns over US President Trump’s tariff threats weighing on investor sentiment.

On Friday, the Indian stock market traded almost flat after the Reserve Bank of India (RBI) announced a 25 basis points (bps) cut in the repo rate.

On Thursday, the Indian stock market closed lower as investors awaited the RBI's MPC rate cut decision on 7 February.

The stock market showed minimal movement early as investors adopted a cautious stance ahead of the RBI MPC meeting.

At 9.36 am, the Sensex was trading almost 1.17 per cent or 898 points up at 77,657.84 while the Nifty was up 305 points or 1.30 per cent up at 23,557.05.

The domestic benchmark indices opened higher on Tuesday after ending over a seven-month low in the previous trading session.

Indian equity markets saw a sharp decline on Monday due to weak global cues and concerns over US trade policies affecting investor sentiment.

Sensex was trading at 75,756.52, down 433 or 0.57 per cent at around 9.32 am while the Nifty 50 dropped below 23,000 at 22,963.75, or 128.45 points down (0.56 per cent).

The Indian benchmark indices continued to tread with caution on Thursday amid mixed Q3 earnings as a selloff in oil and gas and banking stocks continued.