Sensex hits all time high, Market Expert says Obamas visit to India very productive

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Mumbai, Jan 27 (ANI): As the S&P BSE Sensex opened on a positive note for eighth straight session led by gains in capital goods, auto and power sectors, Market Expert Sunil Shah credited the development to US President Barack Obama’s visit to India. Shah said that Obama’s visit to India is very productive and that the sentiments have been positive as the market us trading above 100 points. Capital goods and infrastructure stocks are likely to be in action following India and the US moved ahead towards commercial nuclear cooperation. At 9:40AM, the 30-share Sensex was up 95 points at 29,374 and the 50-share Nifty was up 9 points at 8,844. However, Shah advised the investors to not indulge in trading immediately and have some patience.

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