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Market LIVE: Sensex tops 50,000 mark for first time; Nifty opens above 14,700

Sensex fails to hold 50,000 mark, ends 167 points lower; banks drag Premium 20 min read Share Via 21 Jan 2021, 03:51:23 PM IST Sensex gives up 50k mark at close The benchmark Sensex hit the 50,000 milestone for the first time ever on Thursday but failed to hold on to the gains and closed 559 points lower from the day s highs on profit booking. The index closed 167 points lower at 49,625. Nifty closed at 14,590.35, down 54 points. All sectoral indices closed in the red with banks and financials biggest laggards. Market breadth was negative with midcaps and small caps ending deep in the red. Bajaj Finance, its twin Finserv and Bajaj Auto were the top gainers for most part of trade.

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With Sensex at 50,000, which sectors & stocks are still investment worthy?

A nearly two-fold jump in the BSE barometer Sensex came on the back of liquidity gush, FII inflows and economic recovery. Covid-19 vaccine development, Q3 earnings and a new president in the United States further boosted the market bulls to achieve this historic feat. But concerns on valuations, market trajectory and where to invest run amock market participants. Well, worry not, in this podcast by Business Standard we go on to answer all this and more. In this podcast, Abhimanyu Sofat, Head of Research at IIFL Securities and Dr. VK Vijaya kumar, Chief Investment Strategist at Geojit Financial Services shares the stocks and sectors they are bullish on going ahead

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Sensex at 50,000: Ride the wave, but be aware of the bumps

Sensex at 50,000 is, indeed, a proud day not only for the markets and investors, but for the economy also. The market is regarded as the barometer of the economy with a potential to discount the future. If this is true, the Indian economy is on .

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Sensex ends lower on profit-booking after scaling 50,000 mark: 10 things to know about the market today

Sensex ends lower on profit-booking after scaling 50,000 mark: 10 things to know about the market today
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Share Market News Live: Sensex crosses 50,000 for first time, Nifty hits all time high; RIL, Bajaj Auto top ga

Share Market Highlights: Sensex ends 167 points lower after breaching 50K; PSU banks lead losses January 22,2021 09:17 IST Sensex, Nifty Highlights on January 21: After hitting record highs in the morning trade, market indices turned volatile during the last hour and closed lower on Thursday, in line with mixed global equities. Earlier today, with Sensex rose above the psychological key level of 50,000 and Nifty above 14,700 for the first time. Reversing from gains, Sensex closed 167 points lower at 49,624 and Nifty fell by 54 points to end at 14,590. In early session today, Sensex and Nifty have hit fresh lifetime highs of 50,184 and 14,753, respectively. Companies set to announce their Q3 earnings are Asian Paints, Bajaj Auto, AAVAS Financiers, MCX India, SBI Cards and Payment Services, Bajaj Holdings & Investment, Bandhan Bank, Biocon, Cyient.

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