
The Investors are all on the seventh heaven as the ‘Sensex hits the 50,000 mark.’ The BSE Sensex hit the 50000 mark for the first time on Thursday morning, January 21. On Wednesday, the BSE index ended at 49792.12, just 208 points away from the miraculous 50000 mark.
On the other hand, NIFTY 50 tops 14,700 points. In the opinion of analysts, even after hitting the 50000 mark, the path ahead isn’t as clear as one can expect. The market may turn turbulent after the Union Budget 2021.
The BSE Sensex today was stoked up by buying stocks in heavyweight companies like Reliance Industries, ICICI Bank, Bajaj Finance, Infosys, Axis Bank, and a few others.
Sensex has risen a monumental 9,000% since its inception in 1986 to touch the historic 50000 landmark today.