The stock market continues to hit one milestone after another. This time Sensex touched 83 thousand for the first time on that road. 1593.03 points rose to 83,116.19. However, this all-time high did not settle. The index rose 1,439.55 to settle at 82,962.71 on Thursday. This is also an unprecedented peak for the Sensex. Investors’ share assets increased by around Rs 6.59 lakh crore. Nifty has set a precedent. It rose 470.45 points to reach 25,388.90 for the first time. On this day, foreign investment companies poured 7695 crore rupees into the Indian market.
According to expert Ashish Dey, investors believe that the interest rate cut in America this month is certain. As a result, all markets around the world are strong. On top of that, the price of crude oil in the world market will fall below 70 dollars, which will save India’s import cost. Bajaj Housing Finance’s share buyback (IPO) has received a record number of applications, which will pump cash into the market.
However, according to expert Kamal Parekh, many stocks are now overpriced. If the company’s financial results come out in July-September, if it is seen that the rate is not consistent with their income and profit, then the price may fall. A slowdown in the US and Chinese economies could also have an adverse impact on India. Keeping all this in mind, ordinary investors should buy shares. will be Kamalbabu’s message, “As the market rises, the risk increases. Now the supply of shares is less than the demand. As a result, prices are increasing.
