Both the Nifty 50 and Sensex closed at record highs last week

Bullishness can continue The domestic bellwether indices, the Nifty 50 and the Sensex managed to scale new highs last week amid intra-day choppiness. The third quarter results of blue-chip stocks could keep the volatile movement in the index for a while but the broader focus will be on the upcoming Union Budget. The Index of Industrial Production (IIP) rose to 8.4 per cent in November from 2 pe...