Sensex reclaims 50k mark Nifty improves with some late buying

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Stock markets are often volatile and unpredictable, investors invest at their risk, sometimes it pays and sometimes it doesn’t. Wrong timing might lead you to lose your hard earned money and that’s the reality of stock business.

Well, Sensex crossed the 50,000 mark and Nifty closed above 14,900 mark with some strong buying in the last hour of the trading session. Apart from the Nifty PSU bank index, all sectoral indices ended in the green. IT, auto and pharma shares were prominently in huge demand.

Positive sentiments surrounding the Covid vaccination programme and a stable US treasury have triggered this. For the fifth straight month, India’s GST collection stood above Rs.1 lakh mark, highlighting signs of economic recovery.

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