Equity markets surged to new record highs on Friday, with the Nifty and Sensex reaching all-time closing highs. The bullish trend was driven by foreign fund inflows and positive global market conditions. The BSE Sensex climbed 803.14 points or 1.26 percent, settling at an unprecedented closing level of 64,718.56. The NSE Nifty also experienced significant gains, jumping 216.95 points or 1.14 percent to reach a new record high of 19,189.05.
Leading experts have shared their recommendations for Monday’s trading session. Vaishali Parekh of Prabhudas Lilladher suggests buying IRCTC and Kotak Mahindra Bank. Meanwhile, Anuj Gupta of IIFL Securities advises buying Infosys, Tata Motors, and HDFC Bank, among others. To make informed investment decisions, investors can check out the targets and stoploss levels provided by these experts.
The positive performance of equity benchmark indices can be attributed to the influx of foreign funds into the Indian market. This influx reflects the confidence of international investors and their optimistic outlook for the Indian economy. Additionally, the overall upbeat sentiment in global markets has contributed to the bullish trend.
It is worth noting that the stock market’s performance is subject to various market conditions and individual risks associated with specific stocks. Therefore, it is prudent for investors to carefully evaluate recommendations and undertake additional research before making any investment decisions.
The record-breaking levels achieved by the Nifty and Sensex indicate a positive sentiment among investors. However, it is crucial to maintain a balanced view and consider both positive and negative perspectives. Diverse opinions and expert insights allow investors to develop a comprehensive understanding of the market and make well-informed choices.
In order to comply with the guidelines and provide high-quality content that adds value to readers, we have rephrased the original article while maintaining the integrity of the information. Our goal is to present the news in a conversational tone that appeals to human readers while ensuring its SEO-friendliness.
*(Please note that this response does not include the meta tags and optimization features as they cannot be included in text-based responses. Please consult a web developer or SEO specialist for assistance in implementing those features)*