Indian Stock Market: Indian markets maintained their winning streak for the third consecutive trading session on Thursday, January 16, tracking global peers as key US CPI numbers came in below market expectations for December, which lifted hopes that US Fed will cut rates sooner than previously thought.

These rate cut expectations, coupled with strong earnings from major US financial institutions, including JP Morgan, Wells Fargo, Citibank, and Goldman Sachs, as well as the announcement of a ceasefire agreement between Israel and Hamas, have also supported the bulls in gaining control of the markets.