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Indian equity benchmarks continued their upward trend for the fifth consecutive session, driven by appealing large-cap valuations and optimism over easing foreign outflows. The BSE Sensex rose by 0.73%, while the Nifty50 gained 0.69%. Outperforming Asian peers, the Nifty faces resistance at 23,400, with further gains possible if it breaks through this level, according to Rupak De, Senior Technical Analyst at LKP Securities.

Sectorally, buying was seen in healthcare, energy, telecom, and oil & gas, while selling was observed in metals and consumer durables.

Veteran investor Vijay Kedia, known for his role at Kedia Securities, shared his inspiring investment journey at IOC 6.0 - Traders Mahakumbh. He recounted how a Gujarat-based company investment from 2006-07 turned into a 16,400x return over 16 years, despite facing over 50% declines during market downturns. His belief in long-term holding and compounding led to his remarkable success.

One of the biggest milestones of IOC 6.0 was the Guinness World Record set by Jainam Broking Limited for conducting the Largest Financial Investment Session, Jainam Broking said in a release.

Indian equity markets extended their winning streak for the fifth consecutive session, driven by attractive large-cap valuations and optimism around moderating foreign outflows. The Nifty and Sensex posted over 4% weekly gains, with technical indicators suggesting continued bullish momentum in the short term.

Foreign institutional investors (FIIs) have shifted their strategy in India, showing signs of renewed interest in Indian equities with significant net buying on March 21. Improved domestic fundamentals such as growth pick-up and declining inflation, along with positive sentiment in the debt market, are influencing this change.

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The Nifty and Sensex recorded the strongest performance among regional markets, as per the data compiled by ET Bureau.

Investing in the stock market requires informed decisions based on company valuation. This process helps determine if stocks are overvalued, undervalued, or reasonably priced. Various methods like Discounted Cash Flow, Asset-Based and Market Approach, alongside financial ratios like P/E and P/S, assist investors in accurate evaluations.

Veteran investor Vijay Kedia emphasizes that bear markets are the ultimate teachers, transforming those who endure them into smarter investors. He outlines the importance of patience, conviction, and long-term thinking in investing, highlighting bear markets as opportunities to invest in undervalued stocks.

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