On Thursday, Indian stocks initially declined but later rebounded after the Reserve Bank of India chose to maintain its key policy rates unchanged in order to evaluate the progress made in controlling inflation.

The Indian equity benchmarks Sensex and Nifty50 began the week with slight losses on Monday, as global markets reacted negatively to the closure of US-based SVB Financial Group.

After a gap-up start on Friday, the Indian equity benchmarks Sensex and Nifty50 maintained their early gains by following the direction of the world markets.