Earlier this week, Porinju had asked investors to take the market correction in their stride.
Barring Nifty Media (down 0.25%), all sectoral indices ended the day in green.
Shares of realty, energy, IT and capital goods companies were among the top gainers.
Markets gained over half a percent and settled at new record high, mainly in reaction to firm global cues.
Consolidation could continue for a few more sessions and volatility is expected to remain high.
Nifty PSU Bank index was the top sectoral loser, losing 1.49 per cent at 3,623.85.
Experts on Dalal Street advised investors to focus on themes for the New Year.
Broader markets outperformed with BSE Midcap index closing 18 points or 0.10 per cent higher at 17,691.93.
Financial stocks also boosted sentiment with Nifty PSU Bank index gaining 0.79 per cent at 3,819.60.
Experts see small dip in market in the next session and suggest using it as buying opportunity.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon