India' Sensex touches all-time high of 50,000; creates history - India Kuwait News and updates

India' Sensex touches all-time high of 50,000; creates history

Thursday, January 21, 2021

In a development that is sure to make Indian investors, market watchers, and companies happy, India’s benchmark S&P BSE Sensex index crossed the 50,000-mark for the first time ever in the history on Thursday.

The index rose 0.6% to 50,096.57 as of 9:09 a.m. in pre-market trade in Mumbai. The measure has logged 11 straight weeks of gains after touching successive new highs.

The rise in the index has been fueled by foreign buying, with overseas investors pouring $2.6 billion into Indian equities in January after record net purchases last quarter. Prospects of a bounce back in earnings after the economy reopened following coronavirus-triggered lockdowns have spurred investor confidence.

On May 23, 2019, the index touched the 40K mark for the first time and has gained over 9,818 points since then. This is the shortest period index took to cover 10,000 points during its 50K journey since its inception. Sensex was inaugurated in 1986 with 1979 as the base year.

Read this article online at

Express your comment on this article

Wednesday, January 20, 2021
All those invested in Share market, in my opinion it is desirable to sell their reasonably benefited shares & hence to make sure profit gained .

Submit your comments...
Disclaimer: The views expressed here are strictly personal and does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News

Kuwait City:- On the Occasion of Celebration of Kuwait National Day, NBTC Group Kuwait Organized a Blood Donation Campaign a...

On the eve of the National Day and Liberation Day of Kuwait, Mahila Kavya Manch’s Kuwait unit organized it first poetic meet...

Tulukoota Kuwait's AGM elects Charismatic Sanath Shetty as new President. The 21st Annual General Body Meeting of Tulu Ko...

“India is our motherland but Kuwait is the country that has given us livelihood. We owe a lot to this great Nation”. This sp...

One of the most happening Toastmasters club in Kuwait, MACE SPRINGS TOASTMASTERS CLUB (MSTC) Club # 2162143, under Area 19, ...