India Market News

Indian shares scaled new peaks on Monday to kick off the first trading week of the new year, as investor sentiment was upbeat after the country gave emergency use approvals to two coronavirus vaccines over the weekend.

Indian shares hit record highs on Monday to kick off the first trading week of the new year, after the country gave emergency use approvals to two coronavirus vaccines over the weekend, lifting investor sentiment.

Indian shares closed the first trading session of 2021 at record highs on Friday, led by the IT services sector, as continued foreign fund inflows and expectations of imminent COVID-19 vaccine roll-outs kept investors bullish.

IT services stocks drove Indian markets to a record high in the first trading session of 2021, as continued foreign fund inflows and expectations of imminent COVID-19 vaccine roll-outs kept investors bullish.

Indian shares opened higher on the first trading session of the new year, a day after the Nifty 50 index ended 2020 with gains of nearly 15%, as a jump in IT services stocks lifted the main indexes.

Indian shares ended flat on Thursday, finishing a pandemic-ravaged year in which the equity benchmarks battled economic uncertainties to come out stronger, thanks to vaccine optimism and a slew of liquidity support measures.

Indian shares were set to log their highest annual gains since 2017 as they traded sideways on Thursday in their last 2020 session, with the benchmark Nifty index set to finish the year 15% higher.

Indian shares were flat on the final trading day of 2020 as losses in IT stocks were offset by gains in Reliance Industries, while the benchmark Nifty index was set to finish the year 15% higher.

Indian shares settled at a record high for a third straight session on Wednesday, tracking upbeat investor sentiment globally and continued foreign inflows.