Indian stock market benchmark indices, Sensex and Nifty 50, are likely to see a muted opening on Thursday, tracking mixed cues from global markets.The trends on Gift Nifty also indicate a weak start for the Indian benchmark index.

At a time when the Nifty 50 has hit a 5-month low and is off 10% from its record high, the market yet again started the trading session of November 14 with minor cuts, even as the shares of Eicher Motors gained more than 6% in early trade.

Stock Market Highlights: 29 out of the 50 constituent stocks of the benchmark NSE Nifty50 ended lower, dragged by Hindustan Unilever, Britannia Industries, BPCL, Tata Consumer, and Nestle India

The Nifty 50 and Sensex indexes ended lower for the second straight session on Friday, wrapping up a week filled with crucial global events, including the U.S. Presidential elections and the Federal Reserve’s second interest rate cut.

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,

After the market rout in the previous session, most sectoral indices saw a bounce back today, with the exception of Nifty FMCG, which still lingered in losses.

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