Nifty @ 10000: Keep this before investing.
The Nifty closed above the level of 10 thousand for the first time on Wednesday. The Sensex has also given all-time high closing on the Nifty lines. The index has closed 154 points higher at 32382 levels on Wednesday. Experts say that the next 2-3 days will be crucial for the market. They believe that there will be a rally in the market even further, but the correction in the middle can not be ruled out. At the moment, investor is need to be alert now. We are telling you with experts that what are the things that investors need to take care of right now.
Will remain in the market faster
Experts say that the Nifty has touched a very important level of 10 thousand. For the market 2-3 days will be extremely important. Meanwhile, profit booking can not be denied, although the Nifty will get support from better performance in some stocks, including the bank Nifty. In the coming days, the impact of Government Reforms will also increase, while there will be continued growth in the market with the help of Global Liquidity.
Market’s next target 11200
Experts say that the Nifty’s next target is 11200, which is expected to touch within 1 year. However, sometimes due to profit booking, occasional decline can be seen. Nifty has got support at 9500 levels for the last few days, so in the next one year, the Nifty is not expected to go below the level of 9500. At present, Infra, NBFC and Fertilizer can lead in the stock market in the coming days
Better for Indian Economy
Experts say that touching the level of 10 thousand of Nifty indicates that Indian economy is better. They say that investors are constantly investing money in the market, due to which the rally in the market is increasing. However, investors now need to stay alert and invest in it.
What matters to the investor
Those who are going to enter new investors in the market, they need to keep a cosius approach right now. Better it would be that they have adopted Wet and Watch strategy now.
There is a fall in the market, then invest a new one.