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Stock market today: Indian indices - Sensex and Nifty - took a sharp U-turn in Thursday's trading session, recovering from previous losses. The Nifty has rebounded and is trading about 30 points higher, moving above the 25,800 mark. The Sensex is also in positive territory, climbing to around 84,600.

For the Nifty, the 50-day moving average is emerging as an important support level. In both recent pullbacks, the index found support around this mark and subsequently bounced back.

On Thursday, the key indices opened cautiously as weak global signals weighed on investor sentiment, triggering broad-based selling pressure across most sectors. The Nifty 50 began the session at 25,772.70, declining 45.85 points, or 0.18%, while the BSE Sensex opened at 84,518.33, down 41.32 points, or 0.05%.

(This is a developing story)

Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.

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