$ETH Even as Indian equities extended their sharp rebound in early trade on March 19, market watchers remain cautious, attributing the surge more to sentiment than fundamentals.

On March 18, the Sensex jumped 1,131 points, while small- and mid-cap indices gained over 2%, breaking a week-long losing streak.Even as Indian equities extended their sharp rebound in early trade on March 19, market watchers remain cautious, attributing the surge more to sentiment than fundamentals.

On March 18, the Sensex jumped 1,131 points, while small- and mid-cap indices gained over 2%, breaking a week-long losing streak.