Nifty 50 recovers from Budget shock, surges over 1%. Is rally temporary or here to stay? Analysts weigh in
After a sharp 2% crash during the special trading session on Sunday, dragged by concerns over a higher STT, the Nifty 50 staged a smart rebound in Monday’s session, surging 263 points, or 1.06%, to recover about half of the previous day’s losses and settle above the 25,000 mark at 25,088. The rally was largely…