It was a steady and rangebound session at the market today. The indices hovered in a narrow range in early trade. A late spike up helped the Nifty to reclaim the 5,150 mark. The Sensex shut shop exactly 100 points higher at 17,165.
But most experts don't see the current rally taking the Nifty beyond 5,300. They advise investors to be cautious. Dilip Bhat, joint managing director of Prabhudas Lilladher said, the rally was long overdue and itDiscover 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!
