If one sees the Indian economy in the context of the global economy, 2023 has the makings of the year when India started its ascent towards becoming a developed country. But any close inquiry of India’s achievements reveals a far more complex picture.
The Fast And Furious: Sensex Peaks @50000
The recent surge is unusual as it’s the shortest time frame 100 days wherein it gained over 10,000 points. outlookindia.com 2021-01-21T13:31:49+05:30
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There is a stark similarity between the Indian cricket team and the leading Indian stock market benchmark, the Sensex. Both are fast and furious. Indian cricket team has proved its mettle against mighty Australians earlier this week, the Sensex fought its battle against all odds put forward by the Covid-19 virus and achieved a fete of scaling 50K peak.
The Sensex journey was really fast. It crossed the last 5,000 points’ journey in 32 trading sessions. While its journey from 40,000 to 50,000 was completed in just 100 days.