Nifty's journey to 10,000

The benchmark index hit 10,000 in intra-day trade two years after it first hit the 9,000-mark

What do fundamental experts say?

“In context of current fundamental, 10,000 looks like dizzy. Due to demonetisation and GST disruptions, quarterly results will not help the cause... From short-term perspective, market appears overheated and a correction can’t be ruled out,” Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services.

“Nifty from its launch, took more than 21 years to be 10x to touch 10k. I’m sure next 10x, ie 100k, will take much shorter time,” Nirmal Jain, chairman, IIFL.

What do technical experts say?

“We see a resistance around the 10,000-10,100 mark and do not think the market