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Record high BSE Sensex crossed 50,000 today

Today BSE Sensex crossed 50,000 with ease while Nifty 50 also broke above 14700 levels for the first time.

The S&P BSE Sensex has almost doubled from the lows of 25,638 recorded back in last year March. The average market capitalisation of BSE-listed companies has now swollen to 198 lakh crores (Intraday) as on today.

Considering both Indian stock markets are trading at record highs there is a risk of a dip. Experts forcesee a repeat of what happened in 2020. Dips can be used to buy into quality stocks as economic recovery is taking shape and earnings are beginning to rebound.

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