 "markets, stock market, sensex, correction, nifty, shares, growth, profit, economy, gain")
It has mostly been one-way street for the markets that have moved up sharply since July. The frontline indices – the S&P BSE Sensex and the Nifty50 – have gained 6.7 per cent and 7.3 per cent, respectively in the last three months. The rally in the mid-and small-caps has been sharper with both the indexes surging 14 per cent and 9 per cent, respectively during this period.
This sharp run has made analysts at Jefferies cautious, who suggest the current uptrend in equities may not continue for long. The information technology sector (IT), Jefferies believes, remains at significant risk
