Indian stock markets opened slightly lower on Thursday, continuing a downward trend driven by corporate earnings downgrades, higher inflation, and foreign fund outflows. Analysts suggest the downturn might persist until February,

Indian stock markets are likely to open lower today, with Sensex and Nifty50 expected to see a flat to slightly negative start amid mixed global signals. GIFT Nifty opened at 23,640, down 0.18%, hinti

On Wednesday, the Sensex climbed 92.98 points to trade at 77,783.93. The Nifty also marked gains, rising by 29.10 points trading at 23,588.15. Within the Nifty index, Eicher Motors, HCL Tech, Sun Pharma, and Tata Steel were among the top gainers.

The key indices Nifty and Sensex have breached psychologically important levels on concerns about rising inflation, less chances of RBI rate action and profitbooking ahead of Maharashtra Polls.

The BSE Sensex was trading at 78,295.70, down 379.48 points, or 0.48 per cent. Smallcap and midcap indices fell 1.77 per cent and 1.41 per cent, respectively.

Benchmark Indian equity indices BSE Sensex and Nifty 50 opened slightly higher on Thursday, amid mixed global cues.

The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 23,620 level, a discount of nearly 38 points from the Nifty futures’ previous close.

The S P BSE Sensex ended 984.23 points lower at 77,690.95 at the closing bell, while the NSE Nifty50 fell 324.40 points to settle at 23,559.05.

The equity markets continued to show weakness on Wednesday as the benchmark indices closing in red, with Sensex declining 984 point to settle at 77,690 while Nifty at 23,559. However, Swiggy at its debut settled at 456,

While the headline indices will be treated in bear grip if they fall below 20% from the peak, retail investor portfolios are already reflecting signs of a bear market as more than 900 stocks above Rs 1,