Bull run may continue but money managers advise caution
The bull run in the stock market may continue as long-term fundamentals are strong but investors need to tone down their expectations and brace for some volatility as valuations are high and the trajectory of the pandemic is uncertain, experts said.
The market rally, which has continued so far in June, has been broad based. Nifty50 has risen 12 percent this year to the 15,693 on June 3, while the Nifty Midcap index gained 26 percent and the Nifty Smallcap 100 index is up 33 percent in the same period….
