Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in trade on Thursday to hit new lifetime h... Read More Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in trade on Thursday to ...

Indian equity benchmark indices, BSE Sensex and Nifty50, dropped in opening trade on Wednesday. While BSE Sensex was trading above 84,700, Nifty50 was near 25,900.

Following a two-day decline, the Nifty FMCG index bounced back, increasing by 0.5 per cent. ITC, Nestle, and Tata Consumer led the recovery, each advancing by about 1 per cent

The Nifty Smallcap 100 index closed 96 points or 0.50 per cent lower at 19,261 and the Nifty Midcap 100 index closed marginally higher by 4 points at 60,469.

Maruti Suzuki, Tata Motors, Shriram Finance, Grasim Industries and M&M were among the major gainers on the Nifty, while losers were ONGC, Cipla, NTPC, Hero MotoCorp, L&T.