Recovery and Repair: Macro Tailwinds Set the Stage for the Bulls’ Comeback!

The bulls have smudged away the recent blues, replacing them with shades of optimism! Just like Holi washes away the old and brings in new colours, the market has shrugged off the negativity and embraced fresh momentum. But is this rally truly vibrant, or are there a few more water balloons waiting to drop? Let’s take a closer look at what’s fuelling this resurgence. One of the biggest drivers has been the sharp decline in the USD index, which has dropped 3 per cent in just three trading sessions—one of its fastest declines in recent history.