Buy or sell: Rajesh Palviya of Axis Securities recommends HCL Tech, Colgate Palmolive, Hitachi Energy stock for March 15
Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, began Friday's session with some minor cuts amid mixed global cues. The 30-share BSE Sensex opened lower by 210.51 points or 0.29% at 72,886.77 level while the Nifty 50 opened at 22,064.85 level, down 81.90 points or 0.37%.
The market's recovery after Wednesday's meltdown is unlikely to last, according to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
The 10-year US bond yield jumping to 4.29% and brent crude reaching $85 are challenges for the market. The market will be closely observing the results of the stress tests carried out by the mutual fund schemes with mid- and small-cap sizes that are anticipated today.
Also Read: Nifty 50, Sensex today: What to expect from Indian stock market in trade on March 15 Domestic benchmark indices recovered during Thursday's trading session, somewhat offsetting Wednesday's losses, with the Nifty 50 closing above the critical 22,000 mark. Broader markets did better, particularly the Nifty Smallcap Index, which increased 3.45% as the focus was on remarks made recently by the SEBI Chairperson on investing in small- and mid-cap firms.
Read more on livemint.com
Agency probes Philadelphia fatal crash involving Ford that may have been running on automated system
