Indian markets have been hovering around their all-time high for quite some time. As the traders weren't having any major trigger after the quarterly results, markets have remained range-bound.
Indian market closed strong on Tuesday after two days of correction. Stock markets have ignored BJP's loss in the New Delhi elections. Markets had already factored in the results from exit polls.
Indian markets witnessed profit booking in today's trading session after five days of gains. The markets are still hovering around their all-time highs.
Indian markets faced major decline in many weeks as stocks tumbled and US dollar jumped against INR. Markets would look towards global cues as tension between Iran and United States escalated.