Stock market today, May 15 -- India's stock indices dipped on Thursday, pressured by high-weight financial stocks, as the global upsurge fueled by the US-China trade thaw came to a halt.

The Nifty 50 declined by 0.24% to 24,606.65, while the Sensex fell by 0.30% to 81,088.81 as of 11:24 IST.

Market observers noted that the inflow of Foreign Portfolio Investors (FPIs), which had bolstered the recent upward trend, appears to be reversing. Analysts attribute this change to developing global sentiments, particularly amid worries regarding the US-China trade agreement.

Experts indicated that the market might soon adopt a "Sell India, Buy China" approach, although some consolidation could occur in the short term.

Nagaraj Shetti of HDFC Secu...