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Sensex reclaims 60K mark after four months, what lies ahead?

Sensex reclaimed the 60,000 mark today led by gains in consumer durables, IT and banking stocks. The 30-stock index regained the level last seen on April 5, 2022. The index closed at 60,176 in that session. In the afternoon session today, the 30-stock index was trading at 60,178, nearly 2,500 pts away from the all-time high of 62,245 it hit on October 19, 2021. Nifty was trading at 17,921, nearly 700 points aways from all time high of 18,604 it touched on October 10 last year.

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Jaideep Hansraj , Devang Mehta , Shrikant Chouhan , Kotak Securities Ltd , Head Of Equity Research Retail , India Inc , Equity Research , Kotak Securities , Consumer Durables , Banking Stocks , Benchmark Indices ,