A trend seen in the market lately is that the rally has narrowed as it progressed. Since 2009 when everything was rising to now when select few stocks are seeing all the action, it is a contrasting trend we are seeing of a bull market narrowing as it matures. How would you explain this anomaly?
You always get this anomaly when there is some kind of a downturn in the economy. We are seeing some amount of downturn since 2016 onwards. Of course, it started off with demonetizati ..