Buy or sell stocks, Feb. 12 -- The Indian stock market is expected to trade flat to mildly positive on Thursday. Optimism surrounding the India-US interim trade framework continues to underpin sentiment, while stability in the rupee has eased currency-related concerns and strengthened foreign investor confidence. FPIs have extended their buying streak, providing a meaningful liquidity cushion, and steady DII participation is helping limit sharp downside risks. With benchmarks consolidating near record levels, the broader setup remains constructive, although price action is likely to stay range-bound in the absence of a fresh catalyst.

Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladher, believes the Indian stock m...