New Delhi, Aug. 18 -- Indian benchmark indices, Sensex and Nifty 50, edged higher on Thursday, tracking strength in global markets. The upside, however, remained capped as investors stayed cautious ahead of the upcoming Russia-U.S. talks on the Ukraine crisis, which kept overall sentiment muted in the holiday-shortened week.

By the close of trade on August 14, the Sensex gained 57.75 points, or 0.07 per cent, to settle at 80,597.66, while the Nifty inched up 11.95 points, or 0.05 per cent, to finish at 24,631.30, holding above the 24,600 mark.

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 Friday last week....