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Sensex, Nifty hit all-time highs; how far can markets rise this year
The sentiment in equity market is so bullish that in eight trading sessions of 2021, Sensex and Nifty have gained 3.76% or 1,793 points and 4.17% or 583.35 points, respectively.
Aseem Thapliyal | January 12, 2021 | Updated 17:31 IST
The 30-share index rose 300 points to a record high of 49,569 and Nifty gained 106 points to 14,590, its all-time high.
Sensex hit its all-time high and Nifty breached the 14,500 mark today on hopes from the ongoing Q3 earnings season and higher global markets expecting economic stimulus from new president Joe Biden. The 30-share index rose 300 points to a record high of 49,569 and Nifty gained 106 points to 14,590, its all-time high.
A smooth ride or a bumpy road? Here s how 15 top analysts foresee the market in 2021
Dhiraj Relli, MD & CEO, HDFC Securities believes a large portion of the Nifty run-up is over and, from now on, its rise would be gradual and measured. January 03, 2021 / 07:25 AM IST
The Indian market ended the year 2020 in the positive territory with market benchmarks - Sensex and Nifty - scaling record highs.
The year 2021 is also expected to be a positive one for the market as it is showing resilience on the back of abundant liquidity, positive developments on the vaccine front and signs of economic recovery.
Sensex rises 16% in 2020 despite Covid-19 pandemic, posts highest returns since 2017
Sensex has gained 15.75% in 2020 despite falling to its multiyear low in March when coronavirus threat roiled the Indian equity market
Aseem Thapliyal | December 31, 2020 | Updated 18:41 IST
Sensex has managed a huge gain of 6,497 points in 2020 to close at a record high of 47,751 on the last trading day of 2020.
Sensex ended the roller coaster ride of 2020 at a record closing high, buoyed by positive sentiments in global markets. The index has gained 15.75% in 2020 despite falling to its multiyear low in March when coronavirus threat roiled the Indian equity market. The 30-share index has managed a huge gain of 6,497 points in 2020 to close at a record high of 47,751 on the last trading day of 2020. During the session, the index also touched its all-time high of 47,896.