New Delhi, Feb. 5 -- The Indian stock market traded in a tight range on Thursday, signalling a wait-and-watch phase as investors remained cautious in the absence of fresh domestic triggers. While overall sentiment remained stable, the benchmarks struggled to sustain momentum at higher levels, reflecting a lack of follow-through buying despite earlier positives. Trading activity was largely selective and stock-specific, with modest interest in export-oriented and select cyclical stocks offset by profit-taking in recent outperformers, resulting in subdued benchmark performance.

The Indian National Rupee (INR) traded in a range against the US Dollar (USD), indicating balanced demand-supply dynamics amid steady global cues. Market participan...