“Although market pared gains, Sensex hitting the psychological 60,000-mark intra-day signifies investors’ faith in the domestic economy. While stock markets may look a bit pricey, India’s long-term growth potential does bring some stability at a time when the economic slowdown in key economies is staring at recession fears,” said Amol Athawale, Deputy Vice President – Technical Research, Kotak Securities Ltd.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 42%
While bulls were a confident lot after the election results, with every trading session they are once again moving to take control of every corner