Broader Markets to Outperform in the Short Term!

There is a famous saying, ‘All good things take time’ and this turned out to be true for the Indian markets as well. Why do we say so? Simply because it took nearly 9 trading sessions for the NSE benchmark Nifty50 to cross the Budget Day’s high of 17,972 and, as we had mentioned in our last editorial, a move above the Budget Day’s high would open gates for swift upmove of 150-200 points and the price action has been on the expected lines as Nifty50 went on to touch 18134.75 in a jiffy.