Indian stock market benchmarks Sensex and Nifty 50 fell 0.80% in intraday trade on January 9, marking the second consecutive session of decline due to weak global cues and rising US dollar and bond yields.

With the dawn of the Q3 FY25 results, the Indian stock market opened lower on Thursday as selling was seen in the auto, IT, PSU bank and financial service sectors.

As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from “overweight” to “neutral”. In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,721 level, a discount of nearly 60 points from the Nifty futures’ previous close.

The Indian stock market is likely to open on a cautious note as indicated by the GIFT Nifty, which is down by 20 points in early trade currently at 23,703. The muted sentiment comes amid a broader sell-off across Asian markets,

Indian stock indices ended Tuesday marginally higher, recovering from Monday's losses sparked by HMPV concerns. Sensex rose 234.12 points and Nifty climbed 91.85 points. Market sentiment remains cautious with upcoming corporate earnings and the Union Budget in focus,

On January 7, the Indian stock market benchmarks, Sensex and Nifty 50, gained over half a per cent in intraday trade even as HMPV virus fears persist.

Benchmark equity indices Sensex and Nifty witnessed a sharp decline of 1.6% on Monday, driven by a broad-based selloff. Investor sentiment was dampened by concerns over slow third-quarter earnings growth and a continued outflow of foreign capital,