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.
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