Base metals and gold, too, join the Sensex party - The Hindu BusinessLine
Base metals and gold, too, join the Sensex party January 21, 2021 Recovery in industrial activities and safe-haven status stoked the rally Even as the BSE Sensex briefly breached the 50,000-mark on Thursday yielding nearly 100 per cent gains for the investors from its March lows, commodities, too, created a positive momentum to emerge as strong companions to equities. The disruptions from Covid-19, while posed uncertainty about future, did also prompt governments to extend monetary and fiscal support to the economy. This, according to analysts, triggered a collective rally in equities, bullio...
Source: thehindubusinessline.com