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Stock market outlook: Bull run to continue in 2021; Nifty may hit 15,000

If the current bull sentiment remains intact, the Sensex may scale 51,000 while the Nifty50 may hit 15,000 in 2021

Topics
Markets Sensex Nifty | New Year Specials | Chart Reading

Avdhut Bagkar  |  Mumbai 

ICICI Securities, for instance, expects the Nifty50 to hit 14,900 levels in 2021 in a bull-case scenario
ICICI Securities, for instance, expects the Nifty50 to hit 14,900 levels in 2021 in a bull-case scenario

Despite the carnage that the Covid-19 pandemic brought upon the early this year, bulls had the last laugh in calendar year 2020. From their 3-year lows hit on March 24, 2020, the S&P BSE Sensex and the NSE's Nifty50 have recouped over 80 per cent till December 30. On December 31, Nifty50 scaled Mount 14,000 in intra-day deals and hit a fresh record high of 14,010.15. The Sensex, meanwhile, hit new peak of 47,865.56.

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First Published: Thu, December 31 2020. 11:02 IST
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