DSIJ Mindshare

UltraTech Cement announced on Wednesday after the market hours that it will consider a fundraising proposal at its board meeting, scheduled to be held on January 23, 2021. 

Bharat Road Network Limited (BRNL) has signed an agreement with India Highway Concession Trust, an infrastructure investment trust set up by Caisse de depot et placement du Quebec (CDPQ), a global institutional investor, for the sale of a road project in the state of Odisha. Bharat Road Network is the largest shareholder, with a 40 per cent stake in this project. 

Sensex journey to 50,000 has been clearly an impressive one with several stocks contributing to its gains. When it comes to market cap addition, the clear winner is TCS, followed by HDFC Twins, ICICI Bank, and Kotak Mahindra Bank. These stocks contributed the most to the market capitalisation when Sensex moved from 40,000 to 50,000.   

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.   

The market opened in green on January 21, 2021.