Stock Market today, March 19 -- The domestic benchmark indices, Nifty 50 and Sensex, opened positively on Wednesday, influenced by strong performance in Asian markets and new inflows from foreign investors. However, profit-taking in major IT stocks caused some pressure on the markets, leading to volatility as trading progressed.

The 30-share BSE index, Sensex, rose by 172.43 points to reach 75,473.69 in early trading. Meanwhile, the Nifty 50 increased by 54 points, bringing it to 22,888.30.

Dr. V K Vijayakumar, the Chief Investment Strategist at Geojit Financial Services, believes that the favourable domestic macros support the ongoing rally. If foreign institutional investors persist in their purchases, the rally could be maintained, a...