Indian benchmark indices, Sensex and Nifty, opened higher on Thursday, breaking a six-day losing streak, driven by gains in banking and financial stocks as investors responded to domestic inflation data suggesting a potential rate cut.

Sensex climbed 457.60 points, or 0.60 per cent, to 76,628.68. Nifty stood at 23,195.60, up 150.35 points or 0.65 per cent.

Excluding Nifty Pharma, Metal, Realty, Private Bank, and Media, the remaining eight sectoral indices ended in the red

As per Nifty charts, a break below 22,970 could trigger another steep correction, exacerbating the selling momentum in India stock markets

There are concerns rupee may depreciate further, leading to foreign outflows that already touched Rs 88,000 crore in 2025 so far.

The latest panic in domestic equities emerged after brokerages like Nomura and Morgan Stanley saw India to face the brunt of Trumps fresh tariff plans on steels. Meanwhile, FIIs continue to relentlessly pull out money from Indian stocks.

Indian frontline indices fell for the seventh straight session on February 13, with Nifty 50 and Sensex closing in the red due to mid-session selling. Selling pressure has decreased in the last two trading sessions.