Market Quote 17 May 2022 By S Ranganathan, LKP Securities
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Below is the market quote 17 May 2022 By S Ranganathan, Head of Research, LKP Securities
"A ferocious up-move from the Metal Index lifted Reliance together with other sectoral indices in Afternoon Trade today leaving bears gasping and covering short positions and looking out for reasons for the rally. On a day when WPI for April crossed 15%, the 2.7% rise in benchmark indices coupled with the breadth of the rally surprised many on the street despite the move coming after a relentless fall"
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