experts see Nifty at 12K by end of 2018
All experts agree that India is now in a bull market phase and that a person with a five-year view should not be worried about investing in stocks
The 50-share NSE Nifty index future & option finally managed to hit a fresh record high of 11,172.20 on the day of expiry of July derivative contracts while the 30-share BSE Sensex crossed the 37,000-mark.
This was the Nifty's 14th record high in 2018 and the Sensex's 20th, but the Nifty took 123 sessions to reclaim its earlier record.The Sensex's and Nifty's rallies of 8 percent and 6 percent, respectively, was entirely driven by domestic inflows and not by foreign investor money.
However, both benchmark indices had fallen more than 10 percent in the correction that took place in February and March, after the Union Budget.
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