Brief by Shorts91 Newsdesk / 10:01am on 03 Jul 2024,Wednesday Business
The BSE Sensex index touched a record high of 80,000 in intraday trading on July 3, and analysts believe the rally is far from over. They predict that financials and consumption sectors, which have underperformed in recent months, will drive the up-move. Specific stocks like HDFC Bank and Ultratech Cement are seen as undervalued, while banking, FMCG, and pharmaceuticals are attractive sectors at current levels. Despite the milestone, analysts see ample opportunities for growth, indicating that the rally has more legs. This optimism suggests that the Sensex's upward journey may continue.
