The Sensex has given approximately9.7% returns since 1980.
If we take today’s level itself, its already at 33,940.
Do you think Sensex bubble is about to bust?
The market sentiment is positive and days don't seem too far. Keep in mind that stocks don’t go up uniformly year after year or month after month, so setbacks need to be factored in as well.
Yes Kim , the sentiments have been high.
Today the sensex has closed above 34,000 for the first time. I rose at 70 points to close at 34,010 . Airtel, Yes Bank and Ambuja Cement gained the most and Coal India, NTPC and SBI were the losers.
The S&P BSE Mid-Cap list was up 1.13%. The S&P BSE Small-Cap file was up 0.86%.
The market broadness, showing the general soundness of the market, is solid. On the BSE, 1288 offers rose and 362 offers fell. An aggregate of 50 offers were unaltered.