Market Soars to New Highs, Experts Predict Continued Bullish Trend

Business
M
Moneycontrol•02-01-2026, 16:31
Market Soars to New Highs, Experts Predict Continued Bullish Trend
- •Indian markets closed at record highs on January 2nd, with Sensex up 573 points and Nifty 50 hitting 26,328.55.
- •Investors' wealth surged by over 4 lakh crore rupees, pushing total market cap past 481 lakh crore rupees.
- •Experts like Rupak De and Gaurav Garg foresee a continued positive trend, advising a "buy on dips" strategy for Nifty above 26,000.
- •Nifty is poised to test 26,600, while Bank Nifty shows strong momentum, likely moving above 60,500.
- •Strong global cues, broad-based buying in metal, banking, auto sectors, and DII support fueled the rally.
Why It Matters: Indian markets achieved record highs, with experts forecasting sustained bullish momentum and further gains.
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