BSE Sensex to set new records, scale 27,750-pt peak, but first suffer a post-Budget correction

Jun 26 2014, 14:09 IST
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In the near-term, most analysts expect a pullback before September as investors take profits from the market's recent strong gains. In the near-term, most analysts expect a pullback before September as investors take profits from the market's recent strong gains.
SummaryBSE Sensex already trading near all-time highs but a poll says new peaks set to be conquered.

least another year. The European Central Bank has also been aggressive in its policy easing.

Risks to the bullish Sensex outlook include further sluggishness in the economy, which is growing at a near-decade low rate of 4.7 percent, inflation remaining stubbornly high and fears of an overly zealous budget, analysts said.

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