Indian stocks extended their gains to be in the green at opening bell Thursday, largely tracking a rebound in Asian and US peers after hotter-than-expected US inflation pulled them down in the previous session.
The US stocks ended with deep cuts, after sticky US inflation data - more than estimated at 3.1 per cent in January -- triggered worries of further delay in the easing of interest rates. S&P 500 declined about 1.4 per cent Tuesday.
Indian stock indices started Tuesday's session marginally in the green, bucking the trend from the previous session where they declined substantially due to profit booking and volatile global markets.
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Indian stock indices started fresh week marginally higher, extending gains from the past week, with investors eyeing retail inflation data for January to be released later in the day.
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Indian stock indices were marginally higher at Thursday's opening bell, tracking positive cues from overnight US markets. The latest return of foreign portfolio investors to India also somewhat supported the stocks.
The Sensex closed at 72,152, down 34 points or 0.05 per cent, reflecting the subdued sentiment in the market. On the other hand, the Nifty50 ended at 21,931, up 1 point or 0.01 per cent, maintaining its position in positive territory.