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Sensex may hit 19,500 this year: Experts

Meanwhile, if the global market turn downwards and the government fails terribly to keep up public expectations, the index may see a level of 8,500 on the downside, Desai added.

Further, if the S&P 500 index falls below the 666 points level then the domestic stock indices may give in to pressure and plunge into negative territory, analysts said.

Image: A happy investor reacts as he speaks on the phone.
Photograph: Punit Paranjpe/Reuters
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