Bank stocks propel Sensex over 400 points, Nifty reclaims 23,150

Indian benchmark indices, Sensex and Nifty, opened higher on Thursday after snapping a six-day losing streak. Gains in banking and financial stocks led the upswing, bolstered by domestic inflation data suggesting a potential rate cut. Notable gainers included Kotak Bank and Sun Pharma, while IT stocks lagged due to rising US consumer inflation.