The Nifty may cross the 6,000 mark if we see a further fall in crude prices, and positive guidance from Infosys.
With the BSE benchmark Sensex breaching the 19,000-level and still going strong, analysts believe that Indian markets have entered a bull phase and persistent FII inflows may push the index past the 20,000-mark in the coming days.
Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865 crore, compared to less than 1 per cent rise in the BSE Sensex.
Shares of jewellery makers on Monday fell sharply by up to 20 per cent following dip in global prices of gold.
The stock market will most likely see bullish trends this week in the run up to Union Budget as investors pin hopes on strong reform measures to rev up the economy, say experts.
At the close of trade, telecom stocks ended with as much as 4.3 per cent loss.
The rally in the broader market also mirrored the positive trend seen in other Asian markets.
Market experts attributed the outflow to profit booking and consolidation in the equity market.
On the NSE, the stock gained 28.60 per cent to close at Rs 362.
The trends remained sluggish in the primary stock market
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
The number of infrastructure projects cleared by a monitoring group set up in the Cabinet Secretariat had increased consistently in the past year.
Como Stocks & Properties is into property development.
The Chinese currency too is expected to continue its fall.
'...and defensive until the global macro headwinds turn more benign.'