New Delhi, Dec. 5 -- The Indian equity market closed with cautious positive momentum on Thursday, snapping a four-day losing streak, as Nifty 50 managed a marginal gain of 0.18% to settle at 26,033.75.

The benchmark index traded in a narrow range of roughly 100 points, finding support near the day's low but facing resistance around 26,100, which is a key technical hurdle.

Sectoral performance was mixed. Nifty IT and FMCG provided a crucial uplift, rising 1.41% and 0.47% respectively.

Meanwhile, Nifty Media was the primary laggard, declining -1.45%, and Consumer Durables fell -0.62%. However, the broader market sentiment remained weak, with a negative advance-decline ratio of 1381 advancing stocks against 1746 declining stocks on the NS...