The laggards of 2020 is already outperforming the markets in 2021. Auto stocks are shining on the bourses even when Sensex is down and the broader markets are witnessing profit boo

Markets after touching 50000, look tired and there is a clear sectoral rotation taking place in the markets with Auto and IT stocks doing well in the last trading session of the week. Markets are expected to remain volatile as the expiry week nears and one can expect some profit booking activity in the markets. 

Sensex touched the 50,000 mark for the first time ever on January 21, 2021. It is a special moment for Indian equity investors. A brilliant rally that saw Sensex gain 5,000 points in just 35 sessions has caught global investors’ attention.   

On Wednesday, the domestic benchmark indices hit record highs, led by IT & auto stocks amidst positive global cues.  Sensex gained by around 393.83 points or by 0.80 per cent to settle at 49,792.12 levels while Nifty rose by 123.55 points or by 0.85 per cent to close at 14,644.75 levels.   

Auto stocks have been in the limelight as the Union Budget is around the corner

After a sharp correction of 1,000 odd points, the bulls are once again borrowing optimism from the Chinese economy

Penny stocks caught investors' attention in 2020 and are showing all signs of doing well even in 2021.  

A much-needed correction was witnessed in the markets in the past few sessions where Sensex corrected a little more than 1,000 points since January 14. While Sensex corrected by nearly 2 per cent, as many as 24 stocks across market capitalisation corrected by more than 10 per cent from January 14 to January 18.  

BSE has been leading the way in adopting newer technologies and launching new, innovative products. Its StAR MF platform is known for its superior services including end-to-end value-based services offered to the asset management companies (AMCs), distributors, investors, and mutual fund industry participants. With a new emphasis on providing world class services to its members, BSE has announced the launch of StAR MF Plus, a premium platform loaded with key features for Distributors and their clients.

On Thursday, Sensex closed up by 0.19 per cent or by 91.84 points at 49,584.16 levels while Nifty rose by 0.21 per cent or 30.75 points to settle at 14,595.60 levels.