The ownership share of domestic investors in equity markets rose to 36 percent from 25 percent in 2018.
With the elections coming closer, there is not much room left for any major policy changes. The market is holding steady because of inflows and slight improvement in macros, but no hope on policy front.
CNBC-TV18's managing editor, Udayan Mukherjee says, our market will have to absorb a log of important earnings, so stock specific action is expected. It would not be surprising if the market is range bound.