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Showing posts with the label The new week will see the Sensex close above 58888 and 59444

The new week will see the Sensex close above 58888 and 59444

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(Gujarat News Correspondent) MUMBAI: Indian stock markets, which have been hitting new highs in a historic uninterrupted rally, have now reached a critical juncture. Investors, players and funds are also cautious, saying that many stocks in the market, which has so far been consistently bullish, ignoring all the negative factors, have seen valuations plummet and now that a big correction has become inevitable for market health. With the Sensex moving towards 30,000 and the Nifty moving towards 30,000, it is difficult to predict what will happen in the market and how long it will take to see a new peak. Don't be surprised if there is always a trend to bring the market into the correction zone after the recessionary ones get tired and the bullish stagnation in the fight for the bullish stubbornness. Of course, with this, the market is booming in the current bullish trend and it is technically showing that closing above 1600 in Nifty is very necessary to keep this boom going. If the ...