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    HomeEnglish NewsBusinessSensex Crosses An All-Time High 85,000, Nifty Closes In On 26,000

    Sensex Crosses An All-Time High 85,000, Nifty Closes In On 26,000

    Market Resilience Amid Geopolitical Tensions: A Closer Look at Current Trends

    On Tuesday, benchmark stock market indices reached new heights, showcasing resilience despite rising geopolitical tensions in the Middle East. The S&P BSE Sensex climbed 80.74 points to 85,009.35, while the NSE Nifty50 gained 29.15 points, reaching 25,968.20 by 10:05 AM.

    This upward momentum reflects a remarkable confidence among investors, even as global cues remain mixed. Sameet Chavan, Head of Research at Angel One, noted, “The bulls continued their gravity-defying move at the start of the expiry week, propelling the benchmark index to new highs.” He highlighted that the domestic market sentiment remains strong, buoyed by participation from broader sectors.

    However, amid this optimism, Chavan cautions investors to remain vigilant. With monthly expiries approaching and indicators suggesting the market may be overbought, he advises securing profits at regular intervals rather than adopting a complacent stance. The market’s current volatility underscores the importance of a stock-specific approach, allowing investors to navigate sectoral movements that are likely to outperform.

    As geopolitical developments unfold, maintaining a close watch on global market trends will be crucial. In an environment marked by uncertainty, strategic decision-making will be key to capitalizing on opportunities while mitigating risks. Investors are reminded that while the current highs are promising, a measured and proactive strategy will be essential in the weeks to come.

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