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Corona virus vaccine positive news, stock market may cross 47 thousand


Corona virus vaccine positive news, stock market may cross 47 thousand 1

new Delhi. With the expectation of the Kovid-19 pandemic vaccine coming into the country, the domestic stock market is constantly making new records and in the coming week, the Sensex may close for the first time beyond the 47 thousand mark. The BSE 30-share sensitive index Sensex closed 12.85 points higher at a record 46,973.54 points on the weekend, despite a strong decline of three per cent on Monday. It reached the 47,000 mark in two days in the middle of the business, but could not stand there. The Kovid-19 vaccine is expected to close above the 47,000 mark in the coming week.

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Expectations from the vaccine
After the news of a new strain of infection of a new strain of Covid-19 in the UK, the selling on Monday along with other stock markets of the world increased significantly. However, the market gained momentum in the next three days. The market remained closed on Friday due to the Christmas holiday. In the coming week, investors will also keep an eye on global factors along with the pace of progress towards vaccination of Kovid-19 in the country. Production data of basic industries will also affect investment sentiment.

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The market was like this last week
The Nifty closed at 13,749.25 points, down 11.30 points, or 0.08 percent, in the week under review. Like the large indices, the index for medium and small companies could not make a comeback. The BSE midcap fell 124.48 points, or 0.70 per cent, to 17,676.70 points and the smallcap 93.57 points or 0.53 per cent to 17,675.53 points on the weekend.


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