“I wish it was a permanent recovery, but it’s not. It might appear as if this rally is sustainable but I doubt it very much. The futures and options closing was much stronger than expected, which pushed the Sensex upwards,” said Jagannadham Thunuguntla, equity head with SMC Capital. “The fact is that markets are just reacting to the $1-trillion package that has been announced by the US administration. But they will soon fall back,” Thunuguntla added.