BSE Sensex and Nifty50 surge over 5.6%, but market experts cautious on sustainability and foreign investor participation

The BSE Sensex and Nifty50 have witnessed a significant surge since March 17, with the Sensex rising by over 5.6% or 4,302.47 points and the Nifty50 also rallying by over 5.6% or 1,261.15 points. Market experts are now raising questions about the sustainability of this stock market rally and whether foreign investors are fully back on D-Street. Despite the impressive gains, caution prevails among experts due to uncertainties surrounding global economic conditions and the ongoing pandemic. The fluctuating global cues and the impact of rising COVID-19 cases on the economy are factors that could potentially affect the market’s upward trajectory. Investors are advised to remain vigilant and keep a close eye on market developments to make informed decisions.

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