New Delhi, May 23 -- The Indian stock market has been on a volatile path recently, seeking direction amid heightened uncertainty over the US economy's trajectory, a fluctuating dollar, and mixed March quarter earnings.

A day after crashing over 600 points, the domestic equity benchmark, Sensex, jumped over 900 points in intraday trade on Friday, May 23. The NSE counterpart also witnessed smart gains of over 1 per cent to reclaim the 24,900 level. The broader segment of the market also witnessed buying as the BSE Midcap and Smallcap indices rose about half a per cent during the session.

There are no fresh positive cues for the Indian stock market at this juncture. At first glance, it appears that the domestic market is following the tren...