New Delhi, November 27, 2024:
Indian stock markets opened flat as global market trends remained muted. While US markets showed some optimism following positive consumer price data, European stocks showed minimal movement. The ongoing holiday season in markets like Hong Kong and Australia has resulted in reduced trading volumes, leading to higher volatility and uncertainty in the markets.
In India, inflation concerns and the fluctuation of crude oil prices continue to weigh on investor sentiment. The expiry of December derivatives is expected to add further uncertainty, increasing market volatility. Experts anticipate that these factors, coupled with global influences, could create significant fluctuations in the stock market in the coming days.
