The Indian stock market opened on a cautious note on Thursday, with benchmark indices trading marginally in the red. The BSE Sensex slipped 47.06 points, or 0.06 per cent, to 82,679.58, while the NSE Nifty edged down 5.75 points, or 0.02 per cent, to 25,214.15. Early trade sentiment remained subdued as investors awaited fresh domestic earnings cues and tracked mixed global market trends.
Market breadth was positive, with 1,297 stocks advancing, 969 declining, and 145 remaining unchanged.
On the Nifty, notable gainers included Tata Consumer, Dr. Reddy's Laboratories, Tata Motors, JSW Steel, and IndusInd Bank. Meanwhile, Hero MotoCorp, Trent, Kotak Mahindra Bank, Reliance Industries, and Bajaj Finance were among the top laggards.
Previous Trading Session
In the previous trading session on Wednesday, the Indian stock market closed firmly higher, staging a sharp rebound following a lackluster performance in the previous session. The BSE Sensex jumped 540.09 points, or 0.66 per cent, to finish at an indicative level of 82,726.90, while the NSE Nifty advanced 159.00 points, or 0.63 per cent, to end at 25,219.90. A broad-based rally, supported by positive global cues and renewed investor confidence, drove the market higher across key sectors.
(more to come)
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