Bangladesh pace bowler Hasan Mahmud picked up his second five-wicket haul in a row as India was bowled out for 376 runs in its first innings on Day 2 of the first cricket test.

Bangladesh captain Najmul Hossain Shanto won the toss on Thursday and decided to send India in to bat in the first cricket test. India was playing a test for the first time since March when it beat England 4-1 in a five-match series in India.

The U.S. Federal Reserve's decision to cut interest rates will not significantly impact inflows into India, the South Asian nation's Economic Affairs Secretary Ajay Seth said on Thursday. "It's a 50 bps cut from high level so I don't see that making any significant impact on the flows (into India).

Experts rule out a runaway rally, given the steep valuations across large swathes of the market, expecting large caps to outperform broader markets.

The US Fed rate cut of 50 basis points is unlikely to have any significant impact on foreign inflows into India, Economic Affairs Secretary Ajay Seth said on Thursday. He said the US Federal Reserve has done what it assesses is good for the largest economy in the world,