BSE Sensex rallied by 14% in April; its best monthly return in 11 years. This was largely the global trend too. Most of the rally happened on the back of fiscal stimulus hopes. However, most of the analysts have been warning that dark clouds are still hovering over the markets. However, it is expected that the markets could correct in the coming day. It is hard to say if it can be sustained but the downside risks are quite high now.
BSE Sensex rallied by 14% in April; its best monthly return in 11 years. This was largely the global trend too. Most of the rally happened on the back of fiscal stimulus hopes. However, most of the analysts have been warning that dark clouds are still hovering over the markets. However, it is expected that the markets could correct in the coming day. It is hard to say if it can be sustained but the downside risks are quite high now.