Sensex, Nifty resume record-breaking surge on fresh Fed fuel thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
These seven stocks have given more than 15% returns during each of the 10000-point rally Sensex saw from 40000 levels, and they are Titan Company, Sun Pharmaceutical Industries, ICICI Bank, Bharti Airtel, UltraTech Cement, JSW Steel, and Nestle India.
“If you speak in terms of sectoral or sub-segment related valuation risks, probably defence, railways, all these areas have seen significant re-rating in recent times. Definitely from a medium to long-term perspective, there is a lot of growth and a lot of money to be made but one cannot extrapolate the kind of moves that we have seen in the past six or nine months.”
“Inflation is definitely under control. We have seen quite a bit of moderation in the last few quarters and even going ahead, barring some uneven food inflation numbers that may come up temporarily, overall inflation trajectory seems to be well in control. Crude has fallen from $95 to about $75 a barrel. Inflation is unlikely to become a spoilsport in the very short term.”