After 29% rally in H1FY21, the best in a decade, analysts cautious on mkts

Economists caution that the demand for goods and services could taper off in the months ahead

After a phenomenal rally in the first half of the current fiscal 2020-21 (H1FY21), analysts are now turning cautious on the markets and expect the second half of FY21 (H2FY21) to be marked with volatility. Given the slew of events lined up over the next few months, they believe, the markets are entering a phase of uncertainty.

The first half of the current fiscal (H1FY21) started on a somber note for the economy and markets with a nation-wide lockdown to stem the spread of Covid-19 pandemic that lasted a little over two months. Yet equity markets gained handsomely, with the