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Published on 21/01/2021 2:59:18 PM | Source: Motilal Oswal Financial Services Ltd

Sensex touched the historical levels of 50,000 today By Motilal Oswal, Motilal Oswal Financial Services

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Below are Views On Sensex touched the historical levels of 50,000 today By Mr. Motilal Oswal, MD&CEO, Motilal Oswal Financial Services Ltd

“Sensex touched the historical levels of 50,000 today for the first time ever. Indian markets have been witnessing strong momentum over the past few months on the hopes of a faster economic recovery after the pandemic lockdown. Also positive global cues, sustained FII inflows and strong corporate earnings kept the sentiments high.  Buzz around the upcoming Budget has also added strength to the markets. The  Budget could potentially lay the foundation for a long term economic growth path. Overall we expect the market to continue its upward journey on the back of healthy corporate earnings, strong liquidity, positive developments on the vaccine front, broad based economic recovery and low interest rates..”

 

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