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Sensex crosses 60,000 milestone, Nifty above 17,900

Mumbai, Sep 24 : The equity benchmarks surged to a new high on Friday with the BSE Sensex crossing 60,000 milestone for the first time ever and trading at 60,193.18, up 307.82 points or 0.51 per cent. Similarly, NSE benchmark index Nifty too was moving towards the 18,000 mark and trading at 17,909.55, up 86.60 or 0.49 per cent. Commenting on the development, Sandeep Bharadwaj, CEO, Retail, IIFL Securities, said, 'Expectations of solid economic recovery and sustained growth in the next couple of years is keeping the bulls enthused. Also from a global funds perspective, India remains an attractive destination, especially in the China+1 scenario. Having said that retail investors must have a diversified portfolio at this stage to face any kind of volatility.”
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