After a stellar run that has propelled the benchmark indices – the S&P BSE Sensex and the Nifty50 – higher by over 30% since the past 13 months to over 36,000 and 11,000 mark respectively, experts are now turning cautious on the road ahead and see a limited headroom for the markets from here on.
In a recent strategy note, Aditi Singh of Ambit Capital suggests that the ongoing bull-run could be in the final stages of the rally seen since September 2013 when Raghuram Rajan took over as the Reserve Bank of India governor. The Sensex has rallied over