Sensex on a tear

The Bombay Sensex index is up nearly 50% since its mid-March lows (7 weeks!).

Sensex up nearly 50% Mar-12 to May 5

Sensex up nearly 50% Mar-12 to May 5

This is incredible! And some folks think this is unsustainable especially since we have an election going on with uncertain outcomes on tap!

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