Sensex hits 58k: What should you do to maximize your profits?

Its been a historic week for the markets as the Sensex and Nifty continued their record breaking spree  and scaled fresh closing highs on Friday’s trading session. The Nifty has rallied around 3.7% in this week, and has been on a high for the last six days. It has managed to hit the 17,340 point mark and is only 600 points away from the adult zone of 18,000 mark. Sensex is also 1800 points away from reaching the 60,000-mark. In the coming week experts expect Nifty to touch 17,500 and advance to 17,777 by the end of the week. This comes on the back of liquidity driven by positive sentiments of global markets and also a decent recovery in the mid caps and small caps. But what you as an investor do to maximize your profits?  Chandan Taparia of Motilal Oswal Financial Services Ltd shares his thoughts with Money9 on key index strategies and stock recommendations for next week's trade on Bazaar Weekly.