Markets reached new record highs for the third consecutive week, buoyed by positive global risk sentiment and strong domestic economic indicators. Analysts remain optimistic about the medium-term market outlook, citing firming global rate-cut expectations and India’s robust growth prospects. The Nifty’s ability to hold above the 21-DMA at 25,890 is seen as crucial for sustaining the uptrend.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets