Trends on Indian Stock Market Services
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The S&P BSE Sensex started on a cautious note on Thursday ahead of Rail Budget and February future & option expiry. The fall in the index was led by losses in HDFC, ITC, Infosys, HDFC Bank, and NTPC.The Nifty50 was trading above its crucial support level of 7,000 supported by gains in realty, consumer durable, capital goods, and banking stocks.
India's stock markets ended more than a percent lower on Wednesday, posting the second drop after four sessions of gains, as investors turned jittery ahead of next week's Union Budget, with a reversal in oil prices putting further pressure on the market.Equity markets back home were also slightly volatile a day ahead of the expiry of monthly derivatives contracts.
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