Stock market today, Jan. 22 -- The Indian stock market closed on Thursday with a cautiously positive undertone, as benchmarks staged a relief-led rebound on improving global sentiment. Easing trade-related fears and supportive Asian cues encouraged selective risk-on positioning, driving broad-based participation across banking, autos, IT and metals, with mid- and small-caps also joining the recovery. However, the tone remained partially restrained by sustained weakness in the Indian rupee, reflecting continued dollar demand. However, markets drew comfort from the fact that the RBI is closely monitoring the pace of depreciation rather than defending any specific level, reinforcing confidence in a calibrated and orderly approach to currency...