BSE measures can’t trigger deep correction; this market has legs

But typically, such a momentum-driven surge is a signal to exercise caution as valuations have moved ahead of their fundamentals. At this point, any news flow could have triggered the selloff and, hence, the friction in midcaps and smallcaps mid-week. However, this was just a pause and the rally should continue for some more time.

BSE measures can’t trigger deep correction; this market has legs
But typically, such a momentum-driven surge is a signal to exercise caution as valuations have moved ahead of their fundamentals. At this point, any news flow could have triggered the selloff and, hence, the friction in midcaps and smallcaps mid-week. However, this was just a pause and the rally should continue for some more time.