Market May Still Have Some Steam Left, The Sensex is eyeing the 45,500-mark, while Nifty may hit 13,500 levels.
There is a lot for the market to cheer about—from the rollout of a coronavirus vaccine, improving economic indicators and robust FII inflows. Improved prospects of the December quarter earnings have also boosted sentiment. The all-time highs have made market-valuations rich. Analysts are of the view that sectors such as private banks, select non-banking financial companies (NBFCs), metals and mid and small-caps may still have steam left.