Sensex reclaims 60,000 mark. What should your market strategy be now?

On their part, technical analysts see the Nifty is hit 18,100-18,200 levels before it makes any major attempt to reverse. However, this journey, they caution, can see intermittent corrections

It has been mostly a one-way street for equity markets since July 2022. The S&P BSE Sensex and the Nifty50 have rallied around 13 per cent each since then. The gains in the mid-and small-caps have been sharper with both these indices on the BSE surging around 14 per cent each during this period.

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The rally comes on the back of optimism that the worst of inflation could be over, and that the global central banks, including the most tracked US Federal Reserve (US Fed) may not resort to