The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,540 level, a discount of nearly 108 points from the Nifty futures’ previous close.

BSE Sensex and Nifty50 bounced back more than 2 percent from the day's low amid ease in retail inflation and three-month high industrial growth at 3.5 percent in October. At close, the Sensex was up 843.16 points or 1.04 percent at 82,133.12, and the Nifty was up 219.60 points or 0.89 percent at 24,768.30.

Bharat Forge Ltd., Hyundai Motor India Ltd., Vedanta Ltd. share prices are likely to react in Thursday's session. Get live updates from Indian stock markets here.

Indian markets fell sharply with Sensex and Nifty losing over 1%, led by metal stock declines, inflation concerns, and a stronger dollar.

On a weekly basis, Nifty and Sensex gained up to 0.5 per cent signalling a move out of the consolidation zone.

Catch the latest on Indian stock market here. Nifty and Sensex extended their losses as share prices of banks and Reliance Industries weighed.

The Nifty 50 closed the session down by 0.38%, settling at 24,548, while the Sensex ended with a 0.29% loss at 81,289. Broader markets also saw declines, with the Nifty Midcap 100 finishing 0.46% lower at 59,

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 24,548.70, while Sensex ended at 81,289.96. Overnight, Wall Street indices fell in trade. Asian markets too fell in early trade today.

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Friday. While BSE Sensex was below 81,100, Nifty50 was near 24,500.

Stock Market LIVE Updates | Indian shares traded lower on Friday, weighed down by metal stocks due to a strong U.S. dollar and uncertainty surrounding stimulus measures from top consumer China.