The Indian stock market saw mixed trading on Thursday, with IT and pharma stocks experiencing selling pressure that prevented bulls from outperforming bears. Despite this, the Nifty 50 and BSE Sensex managed to end marginally lower, while the Nifty Bank index finished in the green. The 50-stock index closed 9 points lower at 19,802, with the 30-stock index ending 5 points lower at the 66,017 mark. However, the Bank Nifty index finished on a high note, closing 127 points higher at 43,577 levels.
Domestic equities traded lacklustre due to the extended weekend and lack of global cues. The Nifty traded flat with a negative bias at 19802 levels. Majority of the sectors ended in green with Realty, Oil & Gas, and Metals being top gainers. Oil marketing stocks were in limelight as Brent crude prices fell and OPEC+ delayed its meeting. Sugar stocks also saw fresh buying due to domestic demand. Two-wheeler stocks like Hero Motocorp, Bajaj Auto, and TVS Motor were in focus due to strong sales growth.
