S&P BSE Sensex has gained around 3,500 points or 11% in the past six trading sessions. Since 23 March, the index has recovered around 31% as of 3 June 2020.
Broader market index Nifty 50 has shown similar recovery and has delivered a return of around 32%.The rally is broad-based this time with Nifty 500 delivering similar returns.
Although there are worries over this sharp pullback, the rally has brought some respite to investors who saw a much sharper correction of around 50% in a month’s time during February-March.However, there are many investors on Dalal Street who haven’t seen similar returns in their portfolio.