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With sustained weak cues on the global market weighing on domestic sentiment, the index is likely to witness a volatile regime in coming session.The Indian equity market continued to trade on the volatile regime for the third consecutive session last week taking weak cues from the global market and prolonged negative sentiment on domestic banking fraud.
Despite a rebound on the set of macro data, the Nifty continued to shred from rebound level on the backdrop of profit booking and closed the session around its crucial level placed at 10,458 which is above its 100-day moving average.
A majority in Tripura Assembly elections is definitely positive for markets. BJP is holding ground in large states such as UP and Bihar, has now started conquering states that were alien to them so far, becoming a much stronger pan India party
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