The indices clocked a smart pullback rally in early session, but the cheer was short-lived. Heavy selling erased the morning gains and the Nifty ended with a 20 point gain. The Sensex shut shop at 17,560, with a 53 point gain despite stable global markets.
Experts see a new rally starting from August. They also believe that India remains a great market for stock-pickers as its fundamental growth prospects are still extremely strong. Also read: Nifty snaps 4-day losing streak to close with moderate gain KR Bharat, MD, Advent Advisors thinks the market will tend to surprise people. However, he is not hugely bullish. Bharat sees a rally from August onwards.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
