The S&P BSE Sensex added 63 points or 0.2% to open at 36,738 on Wednesday, with most of the sectors rising in early trading, amid optimism about reopening of the global economy despite a recent spike in COVID-19 cases in several places globally. Investors shrugged off news that the WHO was looking into claims of airborne transmission virus in poorly ventilated closed settings and will soon issue a scientific brief on the issue. On individual shares, Reliance Industries, India's largest private sector company. were markedly higher after Facebook bought a 9.99% stake in Reliance's arm Jio platforms.
Historically, the India SENSEX Stock Market Index reached an all time high of 42273.87 in January of 2020. India SENSEX Stock Market Index - data, forecasts, historical chart - was last updated on July of 2020.
The India SENSEX Stock Market Index is expected to trade at 35548.57 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 33132.08 in 12 months time.