
Dhananjay Sinha, MD and Chief–Strategist at JM Financial. in an interview to Money9, shares his views on the current euphoric wave at D-Street.

It took a little over 31 years for the Sensex to traverse from 1,000 points to the historic 60,000 level.
After hitting a lifetime high of 60,333 during the day, the 30-share BSE index closed 163.11 points or 0.27% higher at record 60,048.47

Indus Towers jumped 13.8% to Rs 317.55, extending its winning run to the fourth consecutive trading session.

Investors should wait for an opportunity for a healthy correction and the price to go below the IPO price for making a fresh entry for long term.

Sansera Engineering IPO: It opened for trading at Rs 811.50 on the National Stock Exchange, compared to the issue price of Rs 744.

Nifty IT index skyrocketed 2.41% followed Nifty Realty index jumped 0.73%, Nifty Bank index rose 0.69%

Asian stocks traded mixed on Friday even as US shares rallied overnight and easing fears of contagion from China Evergrande Group's debt crisis.
Sensex settled at record 59,885.36, up 958.03 points or 1.63%, while Nifty scaled a fresh peak of 17,822.95, up 276.30 points or 1.57%

Sensex skyrocketed over 1,000 points to hit an all-time high of 59,957 before closing at 59,885, surging 958 points