From a low of 73,137.9 points, the S&P BSE Sensex went up to 80,334 at the close of 8 May. Is this rally sustainable?
The Indian equity markets have endured multiple headwinds like earnings slowdown, valuation concerns, and massive FPI outflows. While there will be short-term volatile phases, the markets have nearly bottomed out. The long-term trend indicates expansion as the benefits of consumption boosts, liquidity, and rate cuts will come in
