Indian markets scaled a fresh all-time high for the sixth consecutive session on Thursday, September 26, driven by positive global sentiment and robust domestic inflows.
During today’s intra-day trading, the Nifty climbed 84 points to hit a new peak of 26,087, while the Sensex surged 293 points to a record high of 85,462
Market experts anticipate that the Indian market will continue to grow in the future. “There are no urgent near-term events that can cause the market to spike up or down.
Upward movements may attract selling by FIIs, who are expected to move more money to China and Hong Kong because these markets are cheap and currently experiencing an uptrend.
However, FII selling is unlikely to have a substantial impact on the market because there is plenty of local liquidity. A range-bound market is the near-term picture, thus the real activity will be stock-specific,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
As markets reach new highs, investors face the challenge of positioning their portfolios in an expensive environment. Amid rising valuations and potential volatility, experts weigh in on how best to navigate the current market landscape
Shweta Rajani, Head of Mutual Funds at Anand Rathi Wealth Limited, emphasizes the significance of diversity across market capitalizations. According to Rajani, large-caps have a growth potential of roughly 11%, while mid and small-caps are predicted to expand by 18 to 20% in FY 2025.
However, she adds that the mid-cap market may be seeing some froth, so investors proceed cautiously in that space.