Despite global economic concerns, Indian stock markets are nearing record highs. Sensex and Nifty are close to peak levels. Domestic liquidity is driving the market. Foreign selling has receded. Investors are cautious due to high valuations and trade tensions. Some investors are shifting towards gold. Market participants are unsure about the sustainability of the rally.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader