Equities Are In A Rare, Upbeat Mode As Investors Buy Into Beaten Down Stocks. Will The Rally Last?

Markets are riding high! Indian equity benchmarks, nan Sensex and Nifty, person extended their winning streak for nan 2nd time this week and six days consecutive overall. As of 10:50 AM, nan Nifty was trading astatine 24,219.75, up 94.20 points (0.39%), while nan Sensex surged to 79,760.70, gaining 352.20 points (0.44%). The momentum continues arsenic Nifty, Bank Nifty, and Sensex rank among nan best-performing world indices complete nan past month. With nan Dollar Index, US 10-year yields, and crude lipid futures each comparatively quiet, nan macro backdrop remains favorable for Indian equities. 

But are markets overextended successful nan short term? With April’s F&O monthly expiry conscionable astir nan area connected Thursday, profit booking whitethorn beryllium connected nan cards. In this typical conception connected Business Today TV, anchor Shailendra Bhatnagar breaks down nan existent marketplace dynamics and what it intends for your investments. He is joined by Sharad Avasthi Head of Research (PCG) astatine SMIFS, who shares master insights connected really to position your portfolio now. Is it nan correct clip to bargain into nan beaten-down IT sector? Should you look astatine PSU banks arsenic nan adjacent large opportunity? What should you debar successful this market? With HCLTech net retired today, tune successful to perceive nan study that could thief you make smarter finance decisions. Don’t miss this heavy dive into nan existent marketplace trends, strategy insights, and master recommendations to thief you navigate nan volatility.