75,000 on the Sensex is not just another number but it is history! The benchmark index Sensex hit a new peak, breaching the 75,000 level for the first time ever on Tuesday, April 9. It took the Sensex 24 sessions to hit the 75,000 mark after hitting the 74k mark on March 6, this year.
With markets extending its bullish momentum in the new financial year FY 25. How much can the benchmark index Nifty 50 surge this financial year with the focus on upcoming elections as well as hopes of a rate cut in the latter half? Here s what analysts predict.
While experts do believe that markets will hit more new peaks as we approach the elections and the RBI gets ready to cut rates in the second half of this year, what should be your trading strategy in this record-high environment? How should your portfolio look like? Here s what experts said:
Nifty and Sensex hit record highs in trade today after the US Fed signaled that its interest rate-hiking policy is at an end and it will cut rates in 2024. Amid the rally, brokerages have come out with a bearish view (sell/reduce calls) on three stocks.