Harness the Value that Awaits You

The BSE Sensex is down by more than 8 per cent on YTD basis in 2022 so far while it is down by more than 11 per cent from the highs of 2022. A technical bounce-back is already underway as I pen this editorial. At these levels we can also expect some institutional buying to start as they are sitting on a pile of cash post the exodus of selling in the last few months aided with depreciation in rupee. While we are not out of the woods yet, resilience and support at Sensex’s 55,000 levels can provide comfort to the bulls.