Two-Year Market Consolidation Could Pave Way for Next Bull Run, Says ET

The Economic Times reports that the Indian equity market has spent roughly two years in a phase of consolidation, with major indices trading within a narrow range after the pandemic‑driven surge. During this period, price volatility has been subdued and investors have largely waited for clearer directional cues.

Market experts cited in the article argue that such prolonged consolidation often precedes a strong upward move, as it allows valuations to stabilise and capital to accumulate. When supply‑demand dynamics finally shift, the built‑up buying pressure can trigger a rapid price appreciation, commonly referred to as a bull run.

If the next rally materialises, analysts warn that it could lift a broad set of stocks, benefiting both retail and institutional investors. However, they also caution that the timing remains uncertain and recommend a cautious approach until clearer signals emerge.