The ETF party has ended, are you still on the floor?
Updated : May 09, 2019 11:16 AM IST
From the February closing lows of 10,600 odd, the Nifty had a one-way rally to 11,800 by mid-April. That’s a whopping 1,200-point rally in about two months.
A lot of this, in fact, all of this was because the Indian market was being chased by FII money.
And while the party was amazing, while it lasted, it always carried the risk of ending abruptly if the earnings didn’t match the prices.
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