India SENSEX Stock Market Index Forecast

The stock market created history as the benchmark indices hit their lifetime highs owing to positive domest The domestic equity market broke a week-long jinx and made a robust comeback after market-favoured candidat The domestic equity market closed marginally down after a long weekend as geopolitical tensions gave rise to risk aversion in global equities and back home official data showed a spike in inflation.

Lack of any major trigger and the forthcoming March quarter earnings season turned investors sceptical on Dalal Street and they avoided taking large positions on Monday.

As a result, the domestic equity benchmarks settled in the negative territory for the third session in a row. Equity benchmarks BSE Sensex and NSE Nifty50 ended in the red amid selling in select metal, IT, banking, auto and healthcare stocks.

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Energy shares led the gains while financials and auto shares also staged a smart comeback. The broader Nifty ended 0. It hit a record high of 9, The benchmark Sensex was 0. The BSE Sensex and NSE Nifty settled in red on selling in selected metal, IT and pharma stocks.

Among the sectoral indices on BSE, the BSE Metal index declined the most 1. Indian market continued its positive run support by positive cues from the GST Council meeting held on Saturday, hopes of a clean sweep by the BJP government in the state election results and stable global cues. Lawsuit comes at a time when Infy is facing a potential class-action suit based on discriminatory treatment in US and is attempting to hire 10K executives.

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Infosys being sued by former head of immigration Lawsuit comes at a time when Infy is facing a potential class-action suit based on discriminatory treatment in US and is attempting to hire 10K executives. Should MF investors alter their portfolio before GST?

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