Indian stock benchmarks inched up on Thursday after three consecutive sessions of losses, with auto, metals, and pharma leading the gains among the sectoral indices.
The domestic stock markets opened on a flat note on Thursday, even as global cues turned supportive following the US Federal Reserve's rate cut and its dovish policy tone.
The gap between the performance of large cap companies and the rest of the companies in the domestic stock market is expected to continue amid weak earnings, highlighted a report by SBI Mutual Fund.
Indian stock benchmarks sharply tilted downwards on Monday, starting the fresh week on a dampening note, with all sectoral indices in the red, due to a host of factors, both local and global.
At the close of trading today, the BSE Sensex ended at 85,712.37, up 447.05 points or 0.52 per cent, while the NSE Nifty50 stood at 26,186.45, up 152.7 points or 0.59 per cent. Broader markets were mixed, with the Nifty Midcap100 up 0.5 per cent while the Smallcap100 index slipped 0.6 per ce
The pressure in the Indian stock market continued on Wednesday as both the benchmark indices opened in the red, weighed down by persistent selling by foreign investors.
Domestic equity benchmarks opened with marginal gains on Tuesday, continuing their upward trajectory as positive sentiment kept markets near all-time high levels.
Indian stock indices settled the Thursday trade largely steady, after witnessing a rollercoaster session, with intraday highs and lows around 600 points apart.