Not only Indian market other world markets like USA, Japan, China too have gone up. I think low interest rate or even negative interest rate in developed world is driving this market. One difference is quality growth stock is taking market to high but at the end it will normalize. I hope it happens sooner than later, otherwise it will be painful for recent equity investors. Once that happens all these new SIP investors who are thinking that money making is easy in stocks will never again come back to market.