Sensex, Nifty, Share Price LIVE Today: India’s benchmark indices traded firm in morning trade on Thursday after a sharp decline in the previous session. At 10:05 am, the Sensex gained 352.79 points, reaching 78,043.74, while the Nifty rose 98.35 points to 23,657.40. The markets had witnessed their biggest single-day drop in nearly six weeks, with both indices falling about 1.3%. Rising domestic inflation dampened expectations of a rate cut by the Reserve Bank of India, while concerns over sluggish corporate earnings and $15 billion in foreign outflows weighed on investor sentiment. The Nifty ended 10.34% below its record high of Sept. 27, signaling a technical correction, with the Sensex also in correction territory. Small- and mid-cap stocks also saw declines of over 10% from their highs in September. Traders expect a small bounce, but market uncertainty persists due to indecision among investors. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, states that while market corrections can spark short-term bounces due to strong DII liquidity, these rebounds may not be sustainable amid unfavorable fundamentals. He emphasizes the need for investors to focus on quality stocks amid concerns over disappointing earnings and economic growth prospects. Weak Chinese markets and global inflation data kept global equities on edge despite a higher probability of a Federal Reserve rate cut in December.