After opening on a strong note and staying reasonably firm till a little past mid-morning, Indian stocks turned weak on Thursday as investors chose to take some profits, cashing in recent gains.
Optimism about U.S. and Iran agreeing to a peace deal later this week supported the market early on in the session.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.