Indian markets remained uninhibited by the softness in global markets through the truncated week. The Sensex and Nifty soared to all-time high levels of over 61,300 and 18,300 respectively. Positive macro data and earnings supported the market momentum. Shivangi Sarda spoke to Money9 on what to expect from markets over the next week.
“Indian equity market is expected to sustain the bullish momentum next week. It is best for investors to ride the wave as the Nifty looks on course to achieve 18,500 going forward. The strong beginning to the September quarter earnings season has improved confidence among investors”, she said.
Stock Recommendations
ICICI Bank | Buy | SL: 707 | TGT : 765
Havells | Buy | SL: 1436 | Target: 1550
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