Fantastic Friday: Sensex rallies 1,200 pts; investors get richer by ₹4 lakh cr
The rally on D-street made investors richer by ₹4 lakh crore as market capitalisation of all BSE-listed stocks rose to ₹273.8 lakh crore.
bse midcap
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From ₹1.7 to ₹84.5: Watch out, this penny stock rallied 5,000% in 2021!
This high-beta stock has returned 4,840% in the last one year, despite recording zero sales in six quarters.
Stock market rally makes no sense: Zerodha’s Kamath
'I don’t know what is moving the market. The news is bad; the fundamentals are bad. People are buying because the markets are going up...'
FY21: A bumper fiscal for the bourses
The Covid-19 pandemic failed to affect the bulls’ spirits, as benchmark indices saw absolute annual gains between 75.2% and 117.2% while FPIs pumped in a record ₹2.74 lakh crore into equities.
The significance of the Sensex breaching 50K
Market experts welcome the 30–stock benchmark adding 6,000 points since December 1, but also caution against stretched valuations.
Markets 2020: A volatile year of lows and highs
While the year was marred by the Covid-19 pandemic, lockdowns, and negative GDP, the equity benchmark indices, however, saw record highs. Will the trend continue in 2021 too?
U.K.’s mutant Coronavirus stings Indian equities
Fears over a new strain of the Coronavirus, discovered in the U.K., hit India's stock market on Monday, with benchmark equities witnessing the hardest fall in the past seven months.
When fear overtakes greed
Franklin Templeton India has closed six yield-oriented schemes—which accounted for 63.4% of its total debt-oriented funds’ average AUM. It links the closure to Covid-19-related market dislocations.
RIL-Facebook deal lifts markets
RIL closed 10% higher, and contributed over 51% and 43% in the points gained by the Sensex and the Nifty 50.
RBI MEASURES IMPRESS MARKETS
Round II of RBI’s Covid-19 crisis measures was received by the Sensex and the Nifty 50 gaining 1,116 and 331 points each before closing 986 and 273 points higher from the previous day’s close.
