New Delhi, Feb. 13 -- After six days of losses, the Indian stock market staged a relief rally on Thursday, February 13, pushing the benchmark indices-the Sensex and the Nifty 50-up by over half a per cent each.

Due to the recent selloff, the market was in oversold territory, so a bounce back was expected. Meanwhile, the more-than-expected decline in the January inflation print also seems to have influenced sentiment. CPI inflation, or retail inflation, in January, softened to 4.3 per cent due to a moderation in food prices.

There are expectations that the Reserve Bank of India may cut interest rates again in April.

However, headwinds persist. US President Donald Trump's tariff policies remain a key overhang. Additionally, quarterly ear...