Indian equities started the session higher, helped by encouraging cues from global markets. The early gains did not last, as rising bond yields and cautious remarks from the US Federal Reserve weighed on sentiment.
Smallcap stocks held up better than the broader market, as investors showed a greater appetite for risk.
Market analysts have pointed to a few individual stocks that could see activity in Thursday’s trading session. Astra Microwave and Neogen are among those drawing attention, based on company-specific factors rather than the wider market mood.
Traders will likely keep an eye on bond yields and any further comments from the US Federal Reserve, as these have shaped the direction of the market in this session.