Markets in a Celebratory Mood
As the country revels in the celebratory spirit of Janmashtami, a festival renowned for its lively traditions, the stock market has also been making waves with a breakout on the NSE benchmark. Much like the spectacle of ‘Dahi Handi’, where participants form human pyramids to reach and claim the precious butter and ghee from a suspended clay pot, the stock market too requires a delicate balance to yield its rewards. Just as the slightest imbalance can dislodge the human pyramid, fragile global cues momentarily disrupted the market sentiments.