Indian stock market closes in green with Nifty reaching all-time high
The Sensex closed 52.01 points higher at 67,519.00, while the Nifty ended the day 33.10 points up at 20,103.10.
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The Sensex closed 52.01 points higher at 67,519.00, while the Nifty ended the day 33.10 points up at 20,103.10.
The Global South, at the receiving end of the tender mercies of Western civilisation for centuries, has finally stood up
Sensex recorded a decline of 180.96 points, settling at 65,252.34, , sensex
Analysts said the recent surge in pharma shares is part of a catch-up rally as many of them have not participated in the broader market upmove in recent years.
Gautam Shah of Goldilocks Premium Research, predicts that the Nifty index will eventually reach 22,400 in 12-18 months. Banks and metals look interesting, while FMCG may underperform. IT has potential for a bottom-out, especially in midcaps, due to the digitalisation and AI-led rally. Shah recommends buying TCS and Tech Mahindra as these stocks may outperform the IT index. Shah advises against shorting in a bull market, and recommends buying the dips and staying with the trend of the market.