Before Market Opens: Indian markets are likely to open flat on Friday despite gains in global peers after the Interim budget failed to cheer investors back home. Gift Nifty was down 2 points, indicating a muted start for Nifty. Let s take a look at some key cues before the market opens today:
FIIs have been increasing their stake in the firm steadily, but the majority of the increase happened in the most recent quarter. Back in the September 2023 quarter, FIIs stake stood at 11.4%.
Stock market today: A nosedive correction in banking stocks, along with concerns over delays in US Fed rate cuts, impacted market sentiments, say market analysts.