On Tuesday, 1949 stocks advanced, 1887 declined and 95 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 1.03, indicating positive closing of stocks in broader markets.
There is tremendous investor confidence among domestic investors. Even when FPIs are selling occasionally, like in October and November, domestic investors are showing confidence in the market, backed by fundamentals, said Nilesh Shah, CEO, Kotak MF.
Nifty is now close to its all-time high, we expect it to surpass this level and touch new highs, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services
On Thursday, 2354 stocks advanced, 1504 declined, and 105 remained unchanged on BSE with an advance decline ratio of 1.56, indicating a positive closing of stocks in broader markets.