GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Thursday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: GIFT Nifty traded down by 163 points or 0.57% at 24,251 indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 ended down by 65.55 points or 0.27% to settle at 24,413.50 while the BSE Sensex fell 280.15 points or 0.35% to 80,148.89.

“The budget event has gone by leaving a mixed bias while reshuffling of capital gain tax is only a short-term negative surprise. The broad market seems to be losing momentum due to lack of further traction,” said Vinod Nair, Head of Research, Geojit Financial Services.

Stocks To Watch: Tata Consumer Products, Varun Beverages, JSW Infra, IOC, Vodafone Idea Stock Market Crash Highlight: Monday blues for markets! Nifty, Sensex falls 2.7% each; Bank Nifty …