NEW DELHI: A feel-good factor over improved prospects of the NDA government returning to power drove strong buying interest among foreign investors, which in turn kept the party going on Dalal Street during the week gone by.
The benchmark indices recorded stellar gains to come within kissing distance of their record high levels. As sentiments ran wild, the Twitterati was busy discussing investment strategies and doling out stock recommendations.
Tweets from top D-Street honchos spelt out the dos and don’ts in the run-up to the elections while some projected that the bull market is here to stay and would continue for a few months.
Basant Maheshwari, co-founder of Basant Maheshwari Wealth Advisers, advocated the ‘stay put’ policy in equity investing, saying once you do that, you would not worry so much about right or wrong.