India’s Sensex Back Above 50,000 Level

India’s benchmark Sensex index has made a strong recovery since the March lows of 2020.But earlier this year the index wobbled as rising covid cases and restrictions made investors jittery. Recently though the Sensex has been rising and has crossed the 50,000 level again. In the past 5 years the index has shot up nearly 90% and reached its all-time record high in February of this year before the second wave of the pandemic ravaged the country. It remains to be seen if Indian equities can continue their upward momentum from current levels.

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Source: Google Finance


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