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Budget, US stimulus: 5 factors that could help market after scaling 50,000

Business Standard looks at five key factors that market players believe could have a bearing on the market movement in the near term

Sensex, market, stocks, 50,000, bse
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Staff at the BSE celebrate after the Sensex breached the 50,000-mark intraday for the first time on Thursday | Photo: KAMLESH PEDNEKAR

Ashley Coutinho Mumbai
The benchmark BSE Sensex hit the 50,000 mark on Thursday, having gained more than 90 per cent from the lows in March last year and adding about 5,000 points in just 32 trading sessions. The rally has been aided by benign global liquidity, robust FPI flows, faster than anticipated recovery in economic activity, and expectations of a big-bang Budget.

Business Standard looks at five key factors that market players believe could have a bearing on the market movement in the near term:

US stimulus
 
US President Joe Biden outlined a $1.9 trillion stimulus package a few days back with