Beware! These risks may halt the current bull-run in the markets: Analysts

FM Nirmala Sitharaman announced Rs 1.18 trillion-financial allocation for the highways sector in Budget 2021. However, any delay in roll out of such growth-driven projects may wear-off the bull-run

Markets have been soaring at the bourses after the Union Budget for 2021-22 gave the necessary booster shot to a dilapidated Indian economy. Laced with infrastructure programmes, privatisation proposals, nod to public sector banks’ recapitalisation, and no changes in the direct tax regime, it proved to be one of the “best in decades” for the economy.

At the bourses, frontline indices are hitting record highs every day. With today’s gains, the S&P BSE Sensex and the Nifty50 are up over 11 per cent since January 29, and have more-than-doubled since their March 2020 lows. The BSE barometer of 30 constituents