Markets have been uplifted on the back of very strong earnings that have been seen, easy liquidity conditions in India, globally as well as the COVID-19 vaccine driven optimism. After this kind of an upmove—a 95 percent upmove that the markets have seen from its March lows of 7,500—so quickly and so swiftly, the fear is that the market has topped out.

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CLSA has introduced a proprietary India bull-bear index that compares the current market to history from an investor sentiment perspective.

CNBC-TV18’s Prashant Nair shares more details

(Edited by : Ajay Vaishnav)

First Published:Jan 20, 2021 2:47 PM IST