Indian stock markets likely to open flat on Friday
Indian stock markets are set for a quiet start this Friday after touching record highs yesterday.
Early signs point to just a small bump, with experts saying the market is now in a "consolidation" phase—basically, things are pausing after a big run.
The spotlight is shifting to small and mid-cap stocks, which haven't been keeping up lately.
What's driving the mood?
Strong demand at home, more government spending, and positive US-India trade news are keeping the market upbeat and liquid.
Experts like Ponmudi R (Enrich Money) note that banking and metal stocks are doing well, but warn there could be some short-term ups and downs as investors lock in profits.
If small-cap stocks pick up steam, Ajit Mishra (Religare Broking) thinks we could see new momentum thanks to steady domestic vibes and good signals from global markets.