Stocks climbed to a new record on Wednesday as the prospect of a quick rollout of coronavirus vaccines brightened and the spread of covid-19 slowed in India, boosting hopes of an end to the covid-19 pandemic-induced downturn.The BSE Sensex ended at 46,103.50, up 494.99 points or 1.09%.
The NSE Nifty index closed at 13,529.10, gaining 136.15 points or 1.02%.Also read: The pandemic push to the silver economy“Vaccination news, decreasing covid cases in India, and continuous liquidity have been the key factors.
Economic revival has also been strong, and this will continue to aid the markets. Important factors from here will be the revival of growth in the BFSI sector and traction in discretionary consumption.