Raging Bull: Sensex crosses 50K, global cues, budgetary hopes power ascent - Bhaskar Live

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Thursday, January 21, 2021

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Raging Bull: Sensex crosses 50K, global cues, budgetary hopes power ascent

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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.

Coming a day after Joe Biden’s inauguration as US President, the BSE Sensex mirrored its Asian counterparts in having a gap-up opening.

In fact, the positivity sentiment led it to open above the 50,000-mark.

The gains of last the 5,000 points in Sensex has come in just 32 trading sessions.

Read More: https://www.bhaskarlive.in/raging-bull-sensex-crosses-50k-global-cues-budgetary-hopes-power-ascent-3rd-ld/

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