Sensex over 50K mark as Biden, Budget 2021 fuel fast recovery hopes
Positive global cues and expectations of healthy quarterly results, along with that of a supportive Union Budget FY22, powered the ascent of India's barometer index – the S&P BSE Sensex – to cross the 50,000 mark on Thursday.
IANS
| Jan 21, 2021, 05:51 PM IST
Let us look at the crucial factors and numbers in play here.
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Sensex loose early gains due to profit booking
The barometer index dipped below the psychologically important mark due to profit booking at the end of the day`s trade. The Sensex closed at 49,624.76, lower by 167.36 points, or 0.34 per cent, from its previous close of 49,792.12. It opened at 50,162.05 and touched a fresh all-time high of 50,184.01 points. Source: Reuters
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New record high for NSE too
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Joe Biden factor
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5,000 points gain in just 32 trading sessions
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Vaccination drive, economic recovery other driving points
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