Indian stock market, March 19 -- March provided a much-needed boost to the Indian stock market, as frontline indices rebounded after facing a sustained bearish downturn since October, which had pushed them to a nine-month low. Both Nifty 50 and Sensex have gained over 3% so far this month, and if the momentum continues until the end of March, it will help the indices break their five-month losing streak.

Notably, the rebound came even as overseas investors remained net sellers in the current month. However, the pace of selling slowed compared to previous months, with continued support from domestic institutional investors absorbing the impact of FPI outflows.

History also provides reason for optimism. Over the past 30 years, the three k...