Indian benchmark equity indices reversed early losses, driven by gains in IT and FMCG stocks. Key market players like Power Grid and Adani Green show significant gains, while experts point towards US market strength impacting Indian equities.

Foreign portfolio investors turned net sellers on Thursday, offloading shares worth Rs 5,462 crore, while domestic institutional investors picked up shares of Rs 3,713 crore

The S&P BSE Sensex was up 204.76 points to 76,725.14 at 9:17 am, while the NSE Nify50 was trading 64.15 points higher at 23,269.50.