According to Santosh Meena, Head of Research at Swastika Investmart Ltd, the Sensex now reaching 1,00,000 seems like a realistic possibility in the near future.
"Currently, India boasts the fastest-growing economy globally, with a promising future fueled by political sta- bility. We appear to be in the midst of a major bull mar- ket, which is likely to persist for the next few years," Meena said.
At the same time, Meena advised investors that they should prioritise quality stocks while maintaining a long-term investment approach.
From the Sensex basket, ITC, Kotak Mahindra Bank, Bharti Airtel, State Bank of India, Asian Paints, Tech Mahindra, Reliance Industries and Nestle were the major gainers. Maruti, HDFC Bank, Larsen & Toubro and Mahindra & Mahindra were among the laggards.
