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Indian markets are hovering around their all-time highs but due to absence of major trigger, the markets are trading sideways. During the past few days, we have witnessed stock specific action.
Indian markets have closed the week at their highest levels till date. The strength in the markets has helped NSE Nifty and BSE Sensex hover around their all-time high.
Indian Stocks have witnessed a strong move during the last two weeks. While mid-cap and small-cap stocks are still trading low, blue-chip companies have led the current rally.
Indian economy has been going through tough times. While the exports have remained strong in the recent quarters, domestic consumption has taken a hit.