Sensex, Nifty Likely To Open On Positive Note
From Nasdaq: 2025-02-16 22:23:26
Indian shares are set for a positive start on Monday, with higher GIFT Nifty and firm Asian markets. Investors are cautious due to trade policy uncertainties. Despite positive global cues, Indian shares fell for the eighth consecutive day on Friday. The BSE Sensex closed down 0.26% while the NSE Nifty closed 0.44% lower. Glenmark Pharmaceuticals reported a net profit of Rs 348 crore. Godrjej Properties acquired land parcels for housing projects worth Rs 23,450 crore. SAIL plans to invest $800 million in a new rail mill. India’s foreign exchange reserves surged to $638.261 billion. U.S. stocks had a mixed performance on Friday.
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