"Apart from this the strong FII inflow and the positive macro data have been supporting the sentiments"
While some experts see a correction, others are optimistic of Nifty 50 touching 18,600
India Inc is at the cusp of a high double-digit growth trajectory with earnings CAGR over FY21-23E at around 26%
The BSE Sensex has been on a rising journey since the Covid lows of March 2020
The current relaunch of the EM bull market is accompanied by stalled trends in the US dollar.
The 30-share index has already advanced 10% to 52,300 on a year-to-date basis till June 10
Looking at the weak macro data points, one clearly sees a stark contrast in stock market performance to the real economic growth
Value migration creates massive opportunity for sectors which see value inflow.