It was an incredible closing for the stock markets yesterday regardless of some feeble international signals.
The Sensex and Nifty closed on a new record high, each up 1%. Sensex closed above the 15,700 mark, while the Nifty closed the day above 4,600.
Amit Dalal of Amit Nalin Securities thinks that 16,000 for the stock markets seem very likely.
Even Ram Kolluri, President and CIO, at Global Investment Management feel that the global momentum will spread out into the Indian markets too.
