Stock Market Rises on Tech Gains and Asian Trends Despite US Decline and Foreign Selling Pressure
Stock market indices opened higher driven by gains in information technology stocks and positive trends in Asian markets. The benchmark indices showed notable increases, with certain major companies leading the gains while others lagged. Despite a decline in US markets, domestic mutual funds recorded record inflows, particularly through systematic investment plans, reflecting strong investor confidence amid ongoing market volatility influenced by international trade tensions. Foreign institutional investors, however, sold equities worth a significant amount. Market participants remained cautious ahead of upcoming key economic data releases and international summits.