Indian benchmark indices, Sensex and Nifty, opened higher on Thursday, breaking a six-day losing streak, driven by gains in banking and financial stocks as investors responded to domestic inflation data suggesting a potential rate cut.

Sensex climbed 457.60 points, or 0.60 per cent, to 76,628.68. Nifty stood at 23,195.60, up 150.35 points or 0.65 per cent.

The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,135 level, a premium of nearly 12 points from the Nifty futures’ previous close.