Propelled by sustained foreign institutional buying, domestic stock markets on Monday continued their forward march with the benchmark Sensex jumping another 487 points, or 0.75 per cent, to close at a new peak of 65,205.05. With this, Sensex has spurted 2,226 points, or 3.53 per cent, in the last six sessions even as analysts cautioned that there is no room for exuberance.
The NSE Nifty index soared by 133.50 points to 19,322.55 as investors stepped up their purchases on the back of favourable global cues. Valuations have shot up, making it risky for small investors to enter the market.
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