The Indian equity market is showing promising trends, according to recent indications. Despite starting off on a strong footing, the benchmarks were unable to sustain their levels and ultimately ended with slight losses amidst volatile trading conditions. Meanwhile, Wall Street indices have recorded modest gains before the release of major inflation data, while Asian markets are currently facing some pressure.
Investors will be closely watching several key stocks today, including Paytm, which has seen an increase in Foreign Portfolio Investors (FPIs) stake by 2% in Q4FY24. Indusind Bank, Lupin, and PB Fintech are also likely to attract attention from investors. Moneycontrol’s Stacy Pereira will be hosting a discussion on the Opening Bell segment with Rajesh Palviya, Senior Vice President- Research-Head Technical & Derivatives at Axis Securities Limited, and Nikhil Oswal, Founder & Director of Finterest Capital about current market trends and key developments impacting the Indian equity market.
