![]() While some stocks are still much below their recent highs, this is a normal phenomenon with sectors and stocks taking turns to perform. Confidence of retail investors has been reinforced. This also reflects the relative strength of the Indian markets amidst the global turmoil. ![]() The steepness of the rally from the lows of June 2022 without any major correction on the way has been beyond expectations of most investors. Return of buying by FPIs has also helped. “Recent gains in Indian indices have been helped by a combination of factors including encouraging macro data, fall in commodity prices, slowing inflation that may lead to central banks globally softening their monetary policy stance earlier than expected etc. ![]()
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