Nifty 1,100 points away from record high. Are bulls bulletproof enough to reach the top?
“The recent resilience of the market is mainly due to favorable cues from US markets and FIIs turning buyers in India. However, markets are unlikely to move towards all-time highs since the global economic environment continues to be unfavorable and valuations are getting stretched,” said Dr VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.