
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.
Market experts welcome the 30–stock benchmark adding 6,000 points since December 1, but also caution against stretched valuations.
In the five years since 2016, FPIs recorded their second worst performance on total flows in the nine months ended September 2020, with debt flows recording their worst show of five years.
Foreign portfolio investors (FPIs) have taken out ₹1,30,491 crore between January and May 2020, making it the worst period in 5 years. March witnessed the maximum monthly outflow since 2016.
Both the Sensex and the Nifty 50 stage more than 14% recovery. The Sensex market capitalisation is up by nearly ₹7.63 lakh crore with 13.48% monthly growth.
Foreign portfolio investors pull out ₹1.18 lakh crore this March, the highest outflow since 2002.
Here’s how the key indices moved in a year marred by a slowing economy, rising crude oil prices, and trade tensions between the U.S.and China. But FPI flows were a bright spot.