Fast, furious, and frothy? Sensex, Nifty soar 8% in 6 days. Is the stock market overbought now?
- Posted on April 23, 2025
- By Business News Today
- 2 Views
Fast, furious, and frothy? Sensex, Nifty soar 8% in 6 days. Is the stock market overbought now?
Technical analysts are starting to suggest that the markets may be approaching overbought conditions, a situation that often triggers profit-taking. Yet, just as the market seemed poised for a pause, the global outlook took a more positive turn, boosting sentiment once again.
