Economy
Indian Stock Indices Face Bearish Trend Ahead of Monday Session
Livemint2h
THE BRIEF
1
Indian benchmark indices traded lower for eight consecutive sessions amid foreign fund outflows and weak macroeconomic indicators, risking their longest weekly losing streak in 25 years.
2
Market analysts anticipate a relief rally on Monday driven by strong buying in IT stocks following Accenture's positive quarterly results.
3
The appointment of new managing directors and chief executive officers at HDFC Bank and Kotak Mahindra Bank is expected to support Bank Nifty index movements.