The markets are at an all-time high and economic indicators are at a record low. If earnings recovery is not happening, do you think it is a matter of time before the haloed 10, 15, 25 stocks will come down as well?
It is the flow which is keeping the markets strong. The kind of supplies which are getting absorbed in the markets, the kind of QIPs or the OFS which are coming show there is a huge liquidity which is helping the market remain where it is.
IPL 2024: 6 crucial financial lessons to learn
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