India, Oct. 15 -- The Indian stock market is heading into Thursday's session with a cautious outlook after benchmark indices declined on Wednesday. The Nifty 50 closed at 22,622.70, while the Sensex settled at 72,781.89. Banking stocks also remained under pressure, although gains in IT and FMCG shares helped limit the broader market decline.

Market participants will monitor the Nifty's ability to stay above 22,600, along with Bank Nifty's support near 55,200. Corporate earnings, weekly derivatives expiry and global market developments could influence intraday volatility.

Stock Market Recap: How Did the Indices Perform?

Wednesday's session saw selling in several major sectors, offset by strength in technology and consumer goods stocks....