Beware! These risks may halt the
current bull-run in the markets:
Beware! These risks may halt the current bull-run in the markets: Analysts on Business
Standard. FM Nirmala Sitharaman announced Rs 1.18 trillion-financial allocation for the
highways sector in Budget 2021.
Market News At the bourses, frontline indices are hitting record highs
every day. With today’s gains, the S&P BSE Sensex and the Nifty50 are
up over 11 per cent since January 29, and have more-than-doubled since
their March 2020 lows.
The BSE barometer of 30 constituents hit a new lifetime peak of 51,753
today while the broader 50-share Nifty hit 15,238.
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From a medium-term perspective, Morgan Stanley sees the Sensex
hitting the 55,000-mark by the end of 2021.
That said, investors, whose wealth soared by a massive Rs 11 trillion
since Budget day, should keep an eye on certain risks that may half the
current rally. FII selling: The current market rally has been fueled on
News Source : BS / Business Standard