Markets sign off record-breaking year on a high note; Sensex rises 459 pts

But returns from equities may moderate, warn experts

The Indian benchmark indices ended the last trading session of 2021 on a high note, even as global cues remained mixed amid concerns around Omicron. The Sensex ended the session at 58,254, following a gain of 459 points or 0.8 per cent. The Nifty50, on the other hand, ended the session at 17,354, up 150 points or 0.8 per cent. 

In CY21, the Sensex gained 22 per cent, the best since 2017, and outperformed many of its global peers. The two indices gained every week of December, barring one.

The recovery from the pandemic and massive liquidity, thanks to monetary easing by