Sensex rises 100 points ahead of US Fed outcome, Q2 GDP print
“An important feature of the ongoing rally which has taken Sensex and Nifty to record highs is that this is a mature rally led by high quality stocks in performing sectors. There is no celebration in the market because this rally has largely bypassed the broad market. While the Nifty is up 7.2% YTD, Nifty Small cap Index is down by around 12% YTD,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.