Record advance-decline ratio for April but experts see no reason to rejoice
Tue, Apr 16, 2024 2:51 PM

Record advance-decline ratio for April but experts see no reason to rejoice

A Flip by Riya Sharma
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April has been kind to the equity markets. Key indices notched historic highs with the Nifty 50 coming within a stone’s throw of the 23,000 mark and the Sensex conquering the 75,000 peak. As a result, BSE advance-decline ratio showed record momentum for the period April 1-12. The advance-decline ratio for the period stood at 1.31, which is a stark improvement compared to March 2024.

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