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Below are Views On The Sensex has hit 60,000 much ahead of our target date of December 2021 By Amar Ambani, Senior President & Head of Institutional Equities at Yes Securities

The Sensex has hit 60,000 much ahead of our target date of December 2021. We continue to remain positive on the long term outlook of Indian equitas. Corporate balance sheets have been significantly strengthened with record equity raise in last two years. On the revenue front, the listed universe is on firm ground with accelerated trend of unorganized to organized, digital super-cycle and sustained cost management. We expect the government to continue spending on infrastructure and fast track the reform agenda as we have seen with lowered corporate tax rates, PLI schemes, RBI support, strategic divestments and so on. With accommodative financial conditions worldwide, we see the mega rally in risk assets continuing"

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