Indian Stock Market: Sensex and Nifty Begin Trading Lower

Domestic benchmark equity indices, Sensex and Nifty 50, commenced Thursday’s trading session with a decline after four consecutive days of gains. The fall was partially attributed to the slump in Kotak Bank share price. However, broader markets continued to trade higher, with Nifty Media and PSU Bank stocks emerging as the top gainers. Market analysts note that despite negative triggers, the market continues to exhibit bullishness. Axis Bank’s positive Q4 earnings report is expected to fuel further market optimism, while Kotak Bank’s regulatory challenges may weigh down its stock performance.

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