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What's the market outlook for the weeks ahead?

Dhirendra Kumar explains the reason behind a rising trend in the stock market

According to you, what is the outlook of the market for the weeks ahead?
- Anonymous

It's difficult and risky to carve out an outlook for a day, week or even a month. Having said that, I feel the kind of rising market that we are witnessing is mainly because of how many companies have fared. Some companies have reported healthy results. More importantly, these results of the post lockdown time, when the economy was opening up and the services had been restored, show that things haven't gone much haywire and when everything reopens, everything will get back on track. And based on this, I feel that we can see this rising trend in the market.

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