The domestic equity market has made a remarkable comeback since the market crash of March. The S&P BSE Sensex has zoomed 50 per cent while NSE's Nifty has jumped 52 per cent, respectively from their March lows. The broader market, too, has participated in the market rebound. For instance, the Nifty Midcap 100 index has gained 52 per cent. Further, on a year-to-date (YTD) basis in the calendar year 2020 (CY20), Nifty 50 and Nifty Midcap 100 indices are down 6 per cent, and 3 per cent, respectively, thus recovering almost all losses for the year.
That said, the market