It remains to be seen whether domestic investors and foreign institutional investors continue to remain bullish, given the measures taken by the government to boost the economy.
The Sensex hit a record high of 40,816 points on November 20 despite poor macroeconomic data. With analysts stating that the trend is here to stay, it seems like the economy may after all have nothing to do with the current bull run.
What remains to be seen is whether domestic investors and foreign institutional investors continue to remain bullish, given that the measures taken by the government to boost the economy have little impact on uplifting sentiments.
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