March 28, 2024 18:18 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Delhi High Court rejects PIL seeking removal of Arvind Kejriwal as CM | MHA extends AFSPA in 3 districts of Arunachal Pradesh for 6 months | Encourage fair, transparent and legal process: US comments again on Kejriwal's arrest | India and China discuss border disengagement: EAM | Indian External Affairs Minister S Jaishankar discusses defence, trade while interacting with Malaysian leaders
Great time for investors: Vivek Gupta on Sensex rise

Great time for investors: Vivek Gupta on Sensex rise

India Blooms News Service | | 22 Jan 2015, 01:26 pm
New Delhi, Jan 22 (IBNS) The BSE Sensex breached 29000 for first time on Thursday.

Vivek Gupta, CMT – Director Research, CapitalVia Global Research Limited commenting on the market said: “BSE has crossed the levels of 29,000 for the first time the history of markets. It’s a great time for all the investors in the markets and the good thing is that still a lot of heat is still there in the markets. We can still find few sectors which have not yet felt the bullish momentum yet like Realty and PSU Banks.

"The rally till 29000 was completely led by sectors like IT, Pharma and Private banking stocks. Amidst all this rally we have seen big giants like Reliance not contributing at all. This year we might see a change in momentum and we might see a huge contribution is the rally from interest rate sensitive stocks, like capital goods, power, realty and private banking sectors. Investors should now gradually look to diversify some of their amount in these specific sectors for a better comparative return to risk ratio.”

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.