Reports » India
Indian stock market daily closing report (October 04, 2012)
October 4, 2012, Thursday, 16:54 GMT | 11:54 EST | 20:24 IST | 22:54 SGT
The Indian markets continued its upward movement in todays trading session. The markets ended at its 17 month high point today. Expectation of some more policy initiative by the government (FDI in the insurance and pension sectors) improved investors sentiments today.
In the month of September FIIs net bought around USD 4 billion of Indian equities. With this the cumulative tally for 2012 so far is reached around USD 16 billion.
The breadth of the market was positive in todays trade.
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