Sensex surges 66% in FY21 despite COVID-led disruptions – News 24-7 Live News 24-7 Live
Sensex surges 66% in FY21 despite COVID-led disruptions

Sensex surges 66% in FY21 despite COVID-led disruptions

Market analysts termed FY 2020-21 as a roller coaster ride for not only Indian markets but also for equity indices globally due to the pandemic.

Equity markets braved all odds this fiscal and rewarded investors with high returns as the benchmark Sensex surged more than 66 per cent despite COVID-led disruptions and concerns over its impact on the economy.

Market analysts termed FY 2020-21 as a roller coaster ride for not only Indian markets but also for equity indices globally due to the pandemic.

In an unprecedented comeback, the 30-share BSE Sensex has jumped 19,540.01 points or 66.30 per cent so far this fiscal year.

This extraordinary rally holds significance as markets faced volatile trends this fiscal. The BSE benchmark hit its one-year low of 27,500.79 on April 3 last year. But, towards the latter part of the fiscal, indices marched higher and the frontline BSE 30-share index zoomed to its all-time high of 52,516.76 on February 16, 2021.

News Source:- Business today

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