New Delhi, Feb. 10 -- Indian stock market benchmark Nifty 50 has been down for the third consecutive session. On the monthly scale, however, the index is up with a nominal gain of about 0.20 per cent after four consecutive months of losses since October.

Nifty 50 ended 43 points, or 0.18 per cent, lower at 23,559.95 on Friday, February 7, after the Reserve Bank of India (RBI) cut the repo rate by 25 bps after almost five years.

Weak corporate earnings, global uncertainty and foreign capital outflow have been keeping the market down. Investors' focus now will be on the upcoming macroeconomic data, including the Index of Industrial Production (IIP) and Consumer Price Index (CPI) inflation, this week.

At this juncture, experts recommend b...