Gush of liquidity: 5 factors that helped Nifty cross 10,000

The sharp rally in Indian equities in CY17 has been fuelled by the gush of liquidity

Nifty50 index scaled the 10,000 mark for the first time in history in opening trade on Tuesday. It took 91 sessions, or 4 months, for the index to rally 1,000 points – from 9,000 mark to hit 10,000 levels

Thus far in July, the Nifty50 index has gained nearly 500 points, or over 3%. From a closing level of 8,185 on December 30, 2016, Nifty50 has gained 1,815 points, or 22%, thus far in calendar year 2017 (CY17), and has become the best performing market globally during this period.

Here are five reasons that have triggered the recent rally:

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