Sensex can hit 51,000 levels in six months, technical charts suggest

Markets continued its record-breaking streak on Friday as the benchmark indices, S&P BSE Sensex and NSE's Nifty, scaled fresh lifetime highs during the day after the Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 4 per cent and maintained an accommodative policy stance.

The S&P BSE Sensex hit a record high on Friday and breached 45,000 mark to hit a high of 45,033.19 in intra-day deals. From their March 2020 lows, it has mostly been a one-way street for the Indian equity markets The S&P BSE Sensex has rallied a huge 76 per cent