According to the market seeing a strong support from institutional investors. Markets can go up to another 100 points (in Nifty). Going forward, there could be profit-taking after Diwali.
As of Thursday's close, the Sensex is just 44 points shy of an all-time high, while the Nifty has to advance 58 points to register a record high.
The Sensex is up 61.72 points at 21226.24, and the Nifty is up 13.80 points at 6312.95. The market breadth is also in favour of advances as advancing shares outnumbered declining ones by 767 to 379 on the BSE.
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