Stock market today, May 4 -- The Indian stock market closed the week with modest gains, amid a volatile and range-bound trading environment influenced by mixed global and domestic signals.

On Thursday, the markets ended on a weaker note, as Sensex dropped 583 points, or 0.75%, to end at 76,913.50, while the Nifty 50 slipped 180 points, or 0.74%, to close at 23,997.55. The broader market was also under pressure, with the BSE 150 Midcap and BSE 250 Smallcap indices falling 1% and 0.50%, respectively.

However, the market is likely to snap its losing streak as trends in the Gift Nifty index signalled a positive opening on Monday. Gift Nifty was trading near the 24,271 mark, up over 124.50 points from the previous close of Nifty futures.

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