60,000 is a huge number, but one should not be swayed by it at any cost. An individual’s portfolio and their outlook equally matters. In the short run, there is only a little room for complacency so it is important for a trader to keep booking on the price. On the other hand, the going gets better for an investor as the country is in a sweet spot, with higher tax collections, strong vaccination drives and from a global outlook vengeance spending is making a huge comeback, so the country continues to be an outperformer.
However, Investors need to be wary of the further incline without substantial corrections because the vertigo effect could be bad on the short term. Watch Money9 special as Sanjiv Bhasin of IIFL securities gives his outlook on the Sensex touching 60,000 points and what to expect going forward with Sakshi Batra.
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The NIP will help augment India’s productive capacity, contribute to our overall growth and bring down the logistics costs, improving competitiveness
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