Markets register their best financial year performance in a decade in FY21

In FY21, the S&P BSE Sensex and Nifty50 have rallied 68 per cent and 71 per cent, respectively

market, stock market, investors, investments, financial markets, coronavirus, covid
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From its March 2020 low of 25,639, the S&P BSE Sensex climbed to an all-time high of 52,517 points on February 16, 2021

Deepak KorgaonkarNikita Vashisht Mumbai / New Delhi
Despite the economy slipping into recession and all activity coming to a standstill for a few months due to the Covid-19 pandemic, markets registered their best financial year performance in a decade.

In FY21, the S&P BSE Sensex and Nifty50 have rallied 68 per cent and 71 per cent, respectively. Earlier during FY10, the S&P BSE Sensex had surged 80.5 per cent, while Nifty50 rallied 73.7 per cent.

The rally has been partly on account of strong foreign inflows on expectation of improvement in the economy after a stringent pandemic-triggered lockdown for a few months in FY21. Accommodative monetary policies

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First Published: Mar 31 2021 | 10:53 AM IST

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