India Passes Litmus Test Again
There is no better way to put the performance displayed by Indian benchmark indices than to say that it is into a bullet proof mode. Just look at the rest of the world which is in a temporary mess, while in India every dip, big or a small one, is being bought in with Thursday being the exception when we saw the market reversing early gains. In the recent rally, the buying has been broad-based with support coming in from across the sectors with some having been more prominent in contribution while the others have just managed to chip in.