The BSE Sensex ended little changed at 53,019 on the last day of June, booking a 9.5% quarterly loss, the most since March quarter of 2020, amid fears that aggressive monetary tightening aimed at curbing inflation could tip the economy into a recession. Losses in technology and consumer goods almost offset the gains in banks and power stocks. Among the single stocks, top losers included Tech Mahindra (-2.1%), twin stocks Bajaj Finance (-2%) and Bajaj Financial Services (-1.74%) while Axis Bank (+1.74%), State Bank of India (+1.38%) and Kotak Bank (+0.92%) limited the losses. On quarter, metal was the worst performing sector in contrast to autos, which outperformed.
Historically, the SENSEX Stock Market Index reached an all time high of 62245.43 in October of 2021. SENSEX Stock Market Index - data, forecasts, historical chart - was last updated on June of 2022.
The SENSEX Stock Market Index is expected to trade at 51204.14 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 46890.99 in 12 months time.