Sensex Surges, but Small- and Mid-Caps Stay Fragile: What’s Next?
Indian equity markets rebounded sharply on March 18, with the Sensex surging 1,131 points and small- and mid-cap indices gaining over 2%, breaking a week-long losing streak. All sectors ended in the green, signaling a relief rally. However, market experts remain cautious, attributing the surge more to sentiment than fundamentals. As of 11:15 AM on…