Markets Emerge out of the Shadows

The past five trading sessions have been nothing short of remarkable. The Nifty 50 index has managed to stretch its winning streak to an 11th straight session—a record in itself. It’s hard to remember the last time we witnessed such an impressive feat. This run has pushed the index to new heights, reaching 25,192 on August 29. One of the most notable trends during this bull run has been sectoral rotation. We have observed substantial movements in the pharmaceuticals, IT and FMCG sectors over the past 2-3 months.