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Sensex moving to 67k milestone
image for illustrative purpose
New Delhi: BSE Sensex is moving towards another milestone of 67,000 points mark. On Tuesday, Sensex was up 360 points at 66,960 points. Among the Sensex stocks, Infosys, ICICI Bank, Reliance are up by more than 1 per cent. On the other hand, Titan and Tata Motors are down by more than 1 per cent. Since the market has run up too much, too fast, a correction can happen at any time. Some profit booking at the present level can be considered. Good results from HDFC Bank augurs well for Bank Nifty. More good results from banking stocks are likely, says VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
The global market construct continues to be favourable for the bulls.