The BSE Sensex index closed up 0.8% at a new all-time high of 47,354 on Monday, helped by gains in private-sector lenders, as investors across the globe welcomed a pandemic relief package approved by US President Donald Trump on Sunday. At the same time, hopes for a quicker economic recovery from the pandemic-driven crisis, alongside the launch of Europe's coronavirus vaccination programme and relief for a Brexit deal, also lifted sentiment. The Nifty 50 rose 0.9% to 13,873, a fourth straight session of gains. For the month, both Sensex and Nifty have added about 7% so far.
Historically, the India SENSEX Stock Market Index reached an all time high of 47406.72 in December of 2020. India SENSEX Stock Market Index - data, forecasts, historical chart - was last updated on December of 2020.
The India SENSEX Stock Market Index is expected to trade at 46146.24 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 43009.35 in 12 months time.