Indian stock market outlook shows potential for gains
pre-market1 source ↓written by the desknot a recommendation
- into the equity
- $897 million
The Indian stock market experienced volatility last week due to the increase in Securities Transaction Tax in Futures and Options, leading to a sell-off. However, FPIs turned net buyers, injecting approximately $897 million into the equity segment, which may support a rise in benchmark indices. Analysts expect indices to reach new highs in the coming weeks.
Not investment advice. For informational purposes only.