A BofA-ML report said markets are likely to double from current levels in the next four years.
Nifty rose to hit 8,000 level for the first time while Sensex hit a new high of 26,812.
Both Sensex and the Nifty have gained about 26 per cent this year so far.
BSE Sensex climbs over 82 points to hit yet another record of 26,642.81 in opening trade.
BSE Sensex gets boost on expectations of further monetary stimulus in Euro zone.
Sensex ended Monday’s session at a lifetime high close of 26,437.02 points.
Nifty settles above 7,900-mark, boosted by gains in banking and IT stocks on higher capital inflows.
The BSE 30-share barometer rose 36.00 points, or 0.14 per cent, to trade at 26,456.67.
At 26,420.67 points, the Sensex is now up 27.2% so far in 2014, making India the…
Surging for the sixth straight session, the benchmark BSE Sensex today rose about 30 pts to new closing peak of 26,420.67 and the Nifty edged up 23 points to end at a record 7,897.50 following across-the-board gains on positive domestic and global cues. This is the second day in a row that broader indices have […]
Sensex rises 288 pts to end at new record high of 26,390.96.
Major gainers were HDFC Bank 1.95 pct, Hindalco 1.64 pct, GAIL 1.45 pct, SunPharma 1.22 pct and TCS.
Late buying by overseas funds helped the 30-share index rebound and close with a gain of 38.18 points.
BSE Sensex was trading 83.55 points or 0.32% higher at 25,964.32 points.
Tata Motors provisionally rose 6.2 percent, marking its biggest single day gain since Sept. 10.