Mint Evening Market Wrap

180: 28.12.2020 | Markets at record high led by global triggers

Episode Summary

Indian markets started on an upbeat note in the last week of 2020 led by positive global cues. The global markets cheered the news of the $2.3 trillion stimulus announced in the US and the historic post-Brexit trade deal struck between the UK and EU. Advances in rollout of covid-19 vaccines in India too uplifted domestic sentiments, leading to positive momentum across all the sectors. Both the benchmark indices ended at record high on Monday. The BSE Sensex closed at 47,353.75, up 380.21 points or 0.81%.The Nifty ended at 13,873.20, up 123.95 points or 0.90%.

Episode Notes

Indian markets started on an upbeat note in the last week of 2020 led by positive global cues. The global markets cheered the news of the $2.3 trillion stimulus announced in the US and the historic post-Brexit trade deal struck between the UK and EU. Advances in rollout of covid-19 vaccines in India too uplifted domestic sentiments, leading to positive momentum across all the sectors. Both the benchmark indices ended at record high on Monday. The BSE Sensex closed at 47,353.75, up 380.21 points or 0.81%.The Nifty ended at 13,873.20, up 123.95 points or 0.90%.