New Delhi, Dec. 11 -- Indian stock benchmarks inched up on Thursday after three consecutive sessions of losses, with auto, metals, and pharma leading the gains among the sectoral indices.

Sensex closed the day at 84,818.13 points, up 426.86 points or 0.51 per cent, while Nifty closed at 25,898.55 points, up 140.55 points or 0.55 per cent.

Indian stock markets declined for the third consecutive session yesterday, as investors remained cautious ahead of the US Federal Reserve's policy guidance, with ongoing foreign fund outflows further dampening sentiment.

The US Federal Reserve reduced the federal funds rate by 25 basis points (0.25 percentage point), citing rising downside risks to employment and a moderate pace of economic expansion....