Sensex hits 50K: Investment strategies to play the markets ahead of Budget

The BSE barometer of top 30 firms, S&P BSE Sensex, reached the 50,000-mark for the first time on Thursday, hitting a record high of 50,140 in morning deals. The market capitalisation of listed firms on the BSE, too, touched a record high of Rs 199 trillion. 

Strong liquidity support and hopes of a quicker economic rebound have nearly doubled the Sensex’s value in 10 months. From its 3-year lows of 25,639, hit on March 24, 2020 amid the outbreak of Covid-19 pandemic, the benchmark index is now up 96 per cent. 

"Sensex crossing the important milestone of 50,000 is