Yet markets have not reacted very adversely to the same

Yet markets have not reacted very adversely to the same

The GDP on a better growth rate than anticipated has helped as has the fall in inflation compared to previous months.


Is this rally in Indian markets sustainable? It appears that two positive drivers for this rally is the sustained inflow of money from FPIs and the constant inflow from investors to mutual funds through contributions and also monthly SIP. These are ensuring that there is adequate liquidity to fuel the rally.


Yet another factor is the improved performance of Smallcap and midcap stocks and retail investors making money as they own these stocks in a much larger size than what they hold in large cap stocks.

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