Stock Market News, March 14 -- Domestic benchmark equity indices, the Sensex and the Nifty 50, opened the day lower on Thursday due to persistent profit-booking, while small- and mid-cap stocks continued to fall prior to of the findings of a stress test conducted on mutual funds in those market sectors.

The 30-share BSE Sensex opened lower by 194.40 points or 0.27% at 72,570.10 level while the Nifty 50 opened at 21,982.55 level, down 15.20 points or 0.07%.

Market volatility will present possibilities for cherry-picking, according to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Irrational exuberance will no longer be the main motivator; instead, reasonable valuationsand quality standards will take preced...