Global markets have led to Indian stock market surging in the previous week. Global equity markets are in upbeat mood due to companies positive results and positive economic data. Thus as a result undertone of Indian stock market is positive.
Negative news have been ignored by Indian share market and same may be the reason for the concern for BSE and NSE. Sensex, Nifty, Dow Jones and S, & P 500 in the US are in uptrend. Seeing the global trend one can see support emerging at lower levels in the market.
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