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As Sensex rises relentlessly to newer heights, the importance of homework rises to select stocks that will drop the least in corrections
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Driven by the revival in the level of activities & many economic indicators reporting strong traction, India has emerged as the best performing market
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He said Mrs Bectors Food Specialities is trading at a significant discount to Britannia.
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Despite the broader markets, underperforming benchmark indices around 204 or 40.8% constituents of BSE 500 index ended the week with positive returns.
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On the revenue front, the listed universe is on firm ground with an accelerated trend of unorganised to organised.
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Dhananjay Sinha, MD and Chief–Strategist at JM Financial. in an interview to Money9, shares his views on the current euphoric wave at D-Street.
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Even if there is a 10-20% correction in the interim, one should not bother as the journey of markets is much bigger, says Agarwal
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It took a little over 31 years for the Sensex to traverse from 1,000 points to the historic 60,000 level.
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After hitting a lifetime high of 60,333 during the day, the 30-share BSE index closed 163.11 points or 0.27% higher at record 60,048.47
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The loan rate cuts have led to a rally in stocks with Godrej Properties, Oberoi, Puravankara and DLF rallying greater than 10% on September 23.