Indian stock market may start on a negative note amidst negative global cues and Adani-Hindenburg turmoil.

The equity market ended Thursday's volatile and rangebound session with moderate gains due to a lack of fresh triggers. However, it found some support as volatility eased.

Technology and select banking & financial services stocks helped the market close in the green, but gains were capped by selling in metal, pharma, select auto and FMCG stocks.

The S&P BSE Sensex rose 142 points to 60,806, while the Nifty50 climbed 22 points to 17,893 after taking good support at the 17,800 level for yet another session, forming a Doji pattern on the daily charts as the closing was near the opening levels, indicating indecision among bulls and bears about the future market trend. Hence, if the same gets held on to in coming sessions, then the possibility to move towards the psychological 18,000 mark is likely, experts said.


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