Posts tagged with “indicators”

Nov 20, 2020
Sensex Touches New High!
Ok, I confess I am late to the party. But it seems like the Indian stock market is enjoying new highs every other day. Is this sustainable? Who know? Does anyone know why the stock market is touching new highs even as the economy has not recovered and many things are still unknown? No one knows. But that does not stop one from making wild guesses. The most common and obvious theory is that the market is buoyant on the news that a vaccine may soon come. I don't know why that should be a good reason to hit new highs.
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