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Sensex.pptx
- 1. Sensex crosses 50k again, and staysabove it Dated 4th February, 2021 in Hindustan Times
- 2. Sensex closed above50,000 points for the First Time as it gained over 8% in just three days post budget.
- 3. • On 1stFebruary 2021, Bombay Stock Exchange gained 5% to close at 48,601 and National Stock Exchange rose by 4.7% to close at 14,281. • IndusInd bank, ICICI bank, Bajaj finsev, SBI, L&T and HDFC were some of the top gainers, rising as much as 15.16 percent. • While Dr Reddy, HUL and Tech mahindra were only losers falling upto 3.62 percent. • This was the fourth time since 2011 that the market have closed in positive territory post budget session.
- 5. As Finance MinisterNirmala Sitharaman announced Union Budget 21-22 that was seen as growth oriented and balanced, Indian market rose high on 1st February. This was considered as the best performance by the stock market on a budget day since the year 1999.
- 6. • Along withIndian market, the global markets have also reacted to the budget session. • China, Japan, Hong Kong and South Korean markets rose around 1%. • Corona vaccine also contributed to the rise of the markets globally. • Since November 2020, the global markets have shown upward movement after economic slowdown caused by the pandemic.
- 7. History : Rise ofSensex from 999 to 50,000 points in 3 decades.
- 8. • The BSEsensex started with 124.15 points on 3rd April, 1979. • In this decade, there was not much fluctuation in the market. • In the decade of 1990s, Liberal budget and Harshad Mehta scam caused rapid changes in the market. • On 7th February, 2007, the sensex crossed 10,000 points after the boom in technology sector.
- 9. • On 11thDecember, 2007, the sensex crossed 20,000 points; after which there was Global Financial Crisis in the year 2008-09. • The markets crashed by over 50%, which was seen as biggest fall since the year 1992. • The Lok Sabha elections in 2009 and 2014 gave upward movement to the market. • On 26th April, 2017, the Dalal Street crossed 30,000 points.
- 10. • Thereon, Implementionof GST in 2017 and Lok Sabha elections in 2019 gave rise to the market. • The market crashed in March 2020 as National lockdown was announced due to pandemic. • On 8th October, 2020, the Dalal Street crossed 40,000 points in hope of corona vaccine. • On 3rd February, 2021, the market crossed 50,000 post budget session.
- 11. What's Next • Thesignificance of the Sensex breaching 50K • Does this mean the market will continue to rise? • For the next six months
- 12. What impacted Sensexto reach 50,000 • Strong domestic rally • Positive corporate earnings • FII flows • Global equities at record high • Reliance-Future deal approval
- 13. How the budgetaffects the stock market? • Increase in exemption limit for taxpayers and its impact • Change in corporate tax and its impact • Stance on LTCG and its effect in the stock market • Taxation on Buyback of Shares • Sector-wise hit and their impact on the stock market Budget 2021 • privatization of two nationalized banks • increasing its spending on Infrastructure • boost the construction sector
- 14. How Budget alteredthese horizon • ITC • INFOSYS • NESTLE INDIA • ONGC • ASIAN PAINTS • AXIS BANK
- 15. Health Care sector •Pradhan Mantri Atma Nirbhar Swasthya Bharat Yojana • FY22 outlay (budget estimate) for health • Aatmanirbhar Swastha Bharat • Mission Poshan 2.0
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- 17. COVID IMPACT ONDIFFERENT SECTORS • Aviation and Tourism • Restaurant services • Raw materials and Electronic parts • Pharmaceutical Industry • Auto Sector • Textiles Industry
- 18. Economic effects ofthe stock market • Wealth effect • Effect on pensions • Consumer Confidence • Investment • Bond market
- 19.