Quote on Sensex hits 59k today by Mr. Santosh Meena, Swastika Investmart Ltd
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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