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The BSE Sensex-30 market index has rapidly bounced back from the 12500 (200-dma) levels, while volatility (as measured by Average True Range) continues to drop:
The index remains ~7% off the all-time highs it recorded in February; with the US markets hitting multi-year highs, and the earnings season in both India & US going well so far, there seem to be no clouds on the horizon.
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