The Indian stock markets have been on a high with the Sensex recently climbing Mount 70K in intraday trade. Market experts say the momentum is likely to continue.
“Downward-trending global interest rates, moderating global growth and stable domestic growth have created a Goldilocks situation for India.
There is still scope for a 5-10 per cent upside over the next few quarters, barring some unexpected and sharp downturn in the global economy,” says Mihir Vora, chief investment officer, TRUST Mutual Fund.
