The Indian stock market witnessed an explosive session as the Sensex surged over 1,000 points, closing at around 85,610 on November 26, 2025. This remarkable rally was driven by broad-based buying across sectors such as banking, media, auto, private banks, and oil & gas. Giants like Bajaj Finserv, JSW Steel, and HDFC Life were among the top gainers, boosting investor sentiment. The Sensex's recent breakout reflects strong economic fundamentals and bullish momentum in key sectors, signaling optimism for sustained growth in the near term.
The Sensex, India's premier stock market index, has a rich history dating back to 1986 when it was introduced by the Bombay Stock Exchange (BSE). The term "Sensex" was coined by analyst Deepak Mohoni in 1989 and represents 30 of the largest and most actively traded stocks on the BSE. The BSE itself was founded in 1875 by Premchand Roychand, a prominent businessman known as the 'Cotton King,' who helped start the Native Share and Stock Brokers' Association, the precursor to today's exchange located at Dalal Street, Mumbai.
Looking ahead, expert forecasts suggest bullish trends for the Sensex over the coming decades. Market veteran Raamdeo Agrawal predicts the Sensex will reach approximately 1.5 lakh by 2030 and could double further to 3 lakh by 2035 as India's economy sustains its growth trajectory. More conservative projections assume an annual growth rate of around 9-12%, with the Sensex crossing 1.3 lakh by 2026, 2.1 lakh by 2030, 2.5-3 lakh by 2035, and potentially soaring beyond 5 lakh levels by 2040. These projections take into account India's expanding economy, corporate profitability, and favourable government policies.
This landmark rise in the Sensex not only reflects investor confidence in India's economic future but also underscores the country's transition into a global financial powerhouse. With strong domestic capital inflows and expanding industrial sectors, the Sensex remains a vital barometer of India's growth story and wealth creation over the long term. Investors looking at 2026 and beyond can expect promising returns, albeit with the usual market volatility and external global influences.
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