Mumbai, March 15 -- Trend in global stock markets, the movement of rupee against the dollar and crude oil prices will dictate trend on the bourses in the near term. Investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) will be monitored.

On the political front, India is gearing up for its election in 2024. The Election Commission of India (ECI) is set to unveil the schedule for the upcoming Lok Sabha elections on Saturday, 16 March 2024. The BJP is looking to consolidate its grip on power as it aims for a historic third term while a band of opposition parties, including the Congress, has formed a united front called INDIA to deny PM Modi another victory.

Overseas, China will announce the Loan Prime...