Indian stock market, Aug. 17 -- Indian benchmark indices, Sensex and Nifty 50, edged higher on Thursday, tracking positive trends from global markets.

On August 14, the equity indices closed with modest gains, with the Nifty finishing above the 24,600 mark. The Sensex rose 57.75 points, or 0.07%, to settle at 80,597.66, while the Nifty added 11.95 points, or 0.05%, to close at 24,631.30.

In contrast, broader markets came under selling pressure as both mid- and small-cap stocks declined. The NSE Mid-cap index slipped 0.3%, while the Small-cap index dropped 0.4%.

Sumeet Bagadia, Executive Director at Choice Broking believes that Indian stock market sentiment has improved after the relief rallies in two successive sessions on Thursday and...