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The BSE benchmark soared 1,359.51 points or 1.63 per cent to settle at an all-time high of 84,544.31 on Friday. During the day, it jumped 1,509.66 points or 1.81 per cent to hit the lifetime intra-day peak of 84,694.46.

​The Federal Open Market Committee lowered the federal funds rate to a range of 4.75% to 5%, for the first time in four years and hinted that more cuts are likely before the end of the year. The Fed also noted that its goal is to keep inflation under control without hindering the job market

Given the turbulence periodically cropping up in global and domestic markets, it becomes critical for retail investors to start constructing a resilient portfolio. Thorough research and a strategic approach to diversification are essential for navigating such volatility and achieving sustainable growth in their portfolios.

Rajesh Palviya, in an exclusive interview with ET Now, shares his insights on the recent market momentum, highlighting strong short-covering actions and sectoral rotations that are driving Nifty and Bank Nifty to new highs. He discusses the outperformance of private banks, particularly ICICI and Kotak, and the potential for further gains in FMCG stocks like Nestle and Britannia.

Sudip Bandyopadhyay highlights key factors driving market preferences. He explains that while interest rates are expected to decline, benefiting the BFSI sector, private banks are outperforming due to their efficiency in mobilizing low-cost deposits, unlike PSU banks.

The Nifty continues its upward trajectory, reaching new all-time highs. However, caution is advised as potential resistance and consolidation lie ahead. While the broader market remains bullish, investors should focus on strategic sector rotation and profit protection, avoiding chasing the rally. Relative Rotation Graphs (RRG) offer insights into sectors likely to outperform or underperform in the coming week.

Analysts predict a surge in Foreign Portfolio Investment (FPI) inflows, driven by recent positive developments. This could further fuel the current rise in large-cap investments, potentially leading to their outperformance compared to other market segments.

In addition to upcoming IPOs, 14 companies, including Arkade Developers, Northern Arc Capital, and Western Carriers, are set to list after successful IPOs. The Indian IPO market looks positive, with projections of over Rs 1.5 lakh crore being raised in the next year, indicating strong investor appetite.

Younger HNI and UHNI investors, fueled by recent wealth creation, are showing greater willingness to take risks. This increased risk appetite, combined with better financial knowledge, is driving a shift towards investments in equities, unlisted assets, and private credit.

Historical data since 1990 reveals that in four out of five instances, the Sensex experienced an average gain of 25% within three months of the US Federal Reserve initiating a rate-cut cycle.