India's benchmark share index Sensex scaled a new high of 36,548 on Thursday, surpassing its previous all-time high hit in January and market experts believe the momentum remains strong.

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"If the global bull market continues and with a good start to the earnings season, the Indian market can reach previous highs if not exceed it," Arvind Sanger, managing partner at Geosphere Capital Management told CNBC-TV18 on Friday.

Sanger, however, added that, “We are not making a bet that any breakout in the Indian market is going to be sustainably breakout level without any risks along the way.”

The good news is that earnings season in India is off to a good start and we could see some good results and signs of momentum across different sectors, he said.

“The TCS results reflect global customers demand Indian IT services.”

First Published:Jul 13, 2018 10:12 AM IST