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Sensex-Nifty
Image credit: Wikimedia Commons

Indian market: Sensex zooms by 4445.86 points this week

| @indiablooms | Feb 06, 2021, at 09:16 pm

Mumbai/UNI: The Sensex surged 4,445.86 points or 9.61 per cent to settle at 50,731.63 in week under review after FM Nirmala Sitharaman presented a growth-oriented Budget on Monday, amid positive cues from global peers.

On Friday, the Reserve Bank kept interest rates unchanged but continued its accommodative stance and announced fresh liquidity measures to revive growth also lifted investor sentiment

The Nifty 50 index soared 1,289.65 points or 9.46 pc to settle at 14,924.25.

The Sensex hit record high of 51,073.27 while the Nifty hit record high of 15,014.65 on Friday, 5 February 2021.

The BSE Mid-Cap index jumped 1,330.94 or 7.36 pc to settle at 19,413.17. The BSE Small-Cap index rallied 1,107.86 points or 6.16 pc to settle at 19,096.06.

On Monday, February 1, 2021 as investors cheered Union Budget proposals. Sensex, jumped 2,314.84 points to 48,600.61. Nifty too surged 646.60 points to settle at 14,281.20.

On Tuesday February 2,2021 Sensex soared 1,197.11 points to settle at 49,797.72. Nifty surged 366.65 points to settle at 14,647.85.

On Wednesday, February 3,2021 as euphoria surrounding the Union Budget continued Sensex closed above 50,000 mark for the first. Sensex soared 458.03 points to settle at 50,255.75. Nifty surged 142.10 points to settle at 14,789.95.

On Thursday, February 4, 2021 Sensex, added 358.54 points to settle at 50,614.29. Nifty surged 105.70 points to settle at 14,895.65.

On Friday, February 5,2021 following RBI's decision to keep repo rates unchanged. Sensex added 117.34 points to 50,731.63. Nifty gained 28.60 points to settle at 14,924.25.

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