Indian Stock Market: The Indian frontline indices closed lower for the seventh consecutive session on Thursday, February 13, as early gains were erased amid mid-session selling, dragging both the Nifty 50 and Sensex into the red. However, the intensity of selling pressure has eased over the past two trading sessions.
Inflation in India cooled more than expected in January, but a hotter-than-anticipated January inflation print in the U.S. dashed market hopes of multiple rate cuts by the Federal Reserve in 2025, weighing on investor sentiment during the session. Escalating global trade tensions have also kept investors on edge.