01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
Quote on Sensex hits 59k today by Mr. Santosh Meena, Swastika Investmart Ltd
News By Tags | #607 #879 #5503 #2911

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Below is quote on Sensex hits 59k today by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd

We are in a roaring and classical bull market where Nifty and Sensex continue to achieve new milestones and I believe this bull run may continue for the next 2-3 years while intermediate correction or shakeout phases can't be ruled out. If we talk about the near-term outlook then bullish momentum may continue in September month where Sensex can cross the psychological mark of 60000 but I think we may see a correction after then therefore October could be a month of correction. Investors should remain invested in this bull run while they can come out of those stocks which have quality concerns. Those who are not comfortable after a massive rally can go through the SIP route to ride this bull run.

 

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