BSE Benchmark Sensex on July 3 touched the 80,000 mark in the intra-day trading for the first time ever. The milestone comes after the index added the last 10,000 points in under seven months, having first hit 70,000 on December 11, 2023. The Indian equity markets showed a positive start, drawing strength from robust global sentiments and favourable undertone.“The benchmark index opened at record highs but experienced some correction due to a lack of sustained buying. However, the bulls made a modest recovery and the tug of war continued throughout the session."
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
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