Nifty hits record high; investors eye potential relief rally
after close1 source ↓written by the desknot a recommendation
- on Thursday
- 26,295.55
- from September 2024
- 26,277
The Nifty 50 index reached a record high of 26,295.55 on Thursday, surpassing its previous peak of 26,277 from September 2024. Nilesh Shah of Kotak AMC suggests that easing selling pressure from FPIs could lead to a relief rally, especially if a favorable US tariff deal is secured. Optimism in earnings and domestic consumption supports this momentum.
Not investment advice. For informational purposes only.