Stock market today, April 23 -- The Indian stock market posted sharp declines on Wednesday, 23 April, snapping a three-day gaining streak. The Sensex plunged 756.84 points, or 0.95%, to close at 78,516.49, while the Nifty 50 dropped 198.50 points, or 0.81%, to settle at 24,378.10.

Looking at the Gift Nifty trends, the Indian stock market is likely to continue its losing streak on Thursday, as the index signals a negative opening. The Gift Nifty index is down 157 points, trading at 24,211 as compared to the previous close of 24,364.

"Indian markets are expected to begin today's session on a negative note, with Gift Nifty indicating a soft opening around the 24,250 zone. While global cues remain somewhat mixed, the underlying tone has tur...