New Delhi, Aug. 5 -- The Indian stock market saw widespread buying on Monday, August 4, allowing benchmark indices-the Sensex and Nifty 50-to break their two-day losing streak, supported by mostly positive global trends and a weaker US dollar.

The Sensex gained 419 points, or 0.52 per cent, closing at 81,018.72, while the Nifty 50 advanced 157 points, or 0.64 per cent, to finish at 24,722.75.

Mid and small-cap stocks outperformed the broader market, with the BSE Midcap index climbing 1.11 per cent and the Smallcap index rising 0.76 per cent.

Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious to positive as the Nifty 50 index has registered strong rebound from lower support rang...