Sensex At Record High

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Analysts expect the US dollar to weaken, oil prices to moderate, and interest rates to remain low under president-elect Joe Biden's administration, providing a tailwind for domestic equities

Among stocks, HDFC twins, Reliance Industries (RIL), TCS, Infosys and Hindustan Unilever (HUL) emerged as the biggest contributors to the index's gains

ICICI Bank, HDFC Bank, L&T, IndusInd Bank, Reliance Industries (RIL) and ITC contributed the most to the S&P BSE Sensex's gains.

The surge in FII flows is seen as the key reason behind the market's seventh straight weekly gain

Foreign inflows have seen a resurgence as global funds purchased a net $8.4 billion of Indian shares in the first three months of the year

Foreign inflows have seen a resurgence, given global funds purchased a net $7 billion of Indian shares in the first three months of 2019

Sensex slips after scaling new high

According to experts, investors widened their portfolios amid hopes of a win for the incumbent NDA government, following the announcement of 2019 general election dates Sunday

With Monday's rally, the Indian markets cemented their position as the best-performing Asian market.

The index took just nine trading sessions to move from 37,000 to 38,000

Capping a week of "dream run", the Sensex closed above the 37,000-mark for the first time on Friday

Analysts say the up move in the benchmark indices has been on account of a rally in only a clutch of stocks, which they feel is a cause for concern

The gains were led by Reliance Industries, which rose 2 per cent after Brent crude oil prices topped $75 per barrel on Monday

The Sensex opened strong and continued to rise on persistent buying activity

While no market has ever gone up on a straight line, we believe the corrections will be short and the markets will eventually head higher as the earnings jigsaw puzzle falls into place.