The Nifty on Friday 28 May closed at a historic record points of 15,453. Reiterating his predictions, Zee Business Managing Editor and Market Guru Anil Singhvi said, this is the new lifetime high level!  

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Talking about the markets' volatile performance, on April 20 this year, Managing Editor said that if this confidence becomes comfort that COVID-19 cases are declining then the movement of the market will start picking up. If the market thinks the worst is over then it will stop plunging and start shifting upward.

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Echoing his earlier views, on April 26 he again said, "I don't know if the COVID-19 cases will surge or fall or will get under the control? But I am optimistic that we will not see worst than this." The moment the market will realise that the worst of COVID-19 has ended, it will recover. That day you will witness a high momentum. He said that trust me if this happens then by the May-end or the beginning of June, the Market will touch a new lifetime high level.

On May 18, he added the same point that the day the cases of COVID-19 will start declining, the market will gain momentum. And this we have been saying from 14200 to 14400 range. And this is happening now!