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India s Sensex Breaches the 50,000-Mark for First Time Ever

India s Sensex Breaches the 50,000-Mark for First Time Ever © AP Photo / Rafiq Maqbool Sputnik International https://sputniknews.com/business/202101211081833088-indias-sensex-breaches-the-50000-mark-for-first-time-ever/ Indian stock markets have been bucking the trends of macro-economic indicators since the beginning of the pandemic last year. Despite the Indian economy shrinking at a record pace, Sensex and Nifty have attracted massive investments from foreign as well as domestic portfolio buyers over the past few months. India s benchmark Bombay Stock Exchange index Sensex breached the 50,000-mark for the first time as it has logged gains for another week the 11th in a row. It is the longest weekly winning streak in over a decade for Sensex.

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