The stock market stabilizes, with Nifty hovering above 23,700, while Sensex gains 0.3%; ONGC and Tata Consumer Products drive the upswing.

The Indian stock market indices are up slightly, with the Nifty 50 rising 100 points or 0.45% to 23,716, while the BSE Sensex is up 240 points or 0.31% to 78,220. ONGC is the top gainer on the Nifty, advancing 4.08%, followed by Tata Consumer Products, IndusInd Bank, Tata Motors, and SBI Life Insurance. On the flip side, TCS, BPCL, Eicher Motors, HCLTech, and Tech Mahindra are the top losers.