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Biden, Budget lift Sensex over 50K, but profit booking, SII fire deflate rise By IANS | Published on Thu, Jan 21 2021 20:51 IST | 0 Views
Mumbai, Jan 21 : India s barometer index the S&P BSE Sensex crossed the 50,000 mark on Thursday on the back of positive global cues and expectations of healthy quarterly results, along with that of a growth supportive Union Budget FY22. It, however, closed lower than the psychlogically important milestone due to profit booking. The Sensex closed at 49,624.76, lower by 167.36 points, or 0.34 per cent, from its previous close of 49,792.12 after opening at the historically high level. It had opened at 50,162.05 and touched a fresh all-time high of 50,184.01 points. ....
Taking Stock | Profit-booking drags Sensex down from Mt 50k; mid, smallcaps underperform Mid and small-caps underperformed their large peers. BSE Midcap and Smallcap indices fell 0.88 percent and 0.68 percent, respectively. January 21, 2021 / 04:43 PM IST Indian equity benchmarks the Sensex and the Nifty ended with losses on January 21, erasing all gains of the morning trade due to losses in select heavyweights such as HDFC twins, Bharti Airtel and TCS. After opening in the green, Sensex hit an all-time high of 50,184.01, while the Nifty scaled a fresh peak of 14,753.55 in the intraday trade. However, both failed to hold the gains and succumbed to profit-booking at the fag end of the session. ....
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