![]() ![]() However, it was on 9 December 2005 that the SENSEX first closed at over 9,000 points. 9000, 9 December 2005 – The SENSEX on 28 November 2005 crossed 9,000 and touched a peak of 9,000.32 points during mid-session at the Bombay Stock Exchange on the back of frantic buying spree by foreign institutional investors and well supported by local operators as well as retail investors.8000, 8 September 2005 – On 8 September 2005, the Bombay Stock Exchange's benchmark 30-share index – the SENSEX – crossed the 8,000 level following brisk buying by foreign and domestic funds in early trading.This helped the SENSEX crossed 7,000 points for the first time. 7000, 21 June 2005 – On 20 June 2005, the news of the settlement between the Ambani brothers boosted investor sentiments and the scrips of RIL, Reliance Energy, Reliance Capital and IPCL made huge gains.This record would stand for nearly four years, until 2 January 2004, when the SENSEX closed at 6,026.59 points. 6000, 11 February 2000 – On 11 February 2000, the information technology boom helped the SENSEX to cross the 6,000 mark and hit an all-time high of 6,006 points.5000, 11 October 1999 – On 11 October 1999, the SENSEX crossed the 5,000 mark, as the Bharatiya Janata Party-led coalition won the majority in the 13th Lok Sabha election.It was then that the Harshad Mehta scam hit the markets and SENSEX witnessed unabated selling. 4000, 30 March 1992 – On 30 March 1992, the SENSEX crossed the 4,000 mark and closed at 4,091 on the expectations of a liberal export-import policy.3000, 29 February 1992 – On 29 February 1992, the SENSEX surged past the 3,000 mark in the wake of the market-friendly budget announced by Manmohan Singh.2000, 15 January 1992 – On 15 January 1992, the SENSEX crossed the 2,000 mark and closed at 2,020 followed by the liberal economic policy initiatives undertaken, under the leadership of the then prime minister PV Narasimha Rao, by the then finance minister and former Prime Minister of India Dr.1000, 25 July 1990 – On 25 July 1990, the SENSEX touched the four-digit figure for the first time and closed at 1,001 in the wake of a good monsoon and excellent corporate results.The following is a timeline on the rise of the SENSEX through Indian stock market history. Using information from April 1979 onwards, the long-run rate of return on the S&P BSE SENSEX works 18.6% per annum. The index has increased by over twenty five times from June 1990 to the present. The market capitalisation of a company is determined by multiplying the price of its stock by the number of shares issued by corporate actions, replacement of scrips. Īs per free float capitalisation methodology, the level of index at any point of time reflects the free float market value of 30 constituent stocks relative to a base period. Free Floating capital implies total capitalization less Directors shareholding. Instead of using a company's outstanding shares it uses its float, or shares that are readily available for trading. The index is calculated based on a free float capitalisation method, a variation of the market capitalisation method. The BSE has some reviews and modifies its composition to be sure it reflects current market conditions. it is a portmanteau of the words Sensitive and Ind ex. BSE Sensitive Index then was at about 750 points. The term Sensex was coined by Deepak Mohoni, a stock market analyst in 1989. On 25 July 2001 BSE launched DOLLEX-30, a dollar-linked version of the SENSEX. The base value of the SENSEX was taken as 100 on 1 April 1979 and its base year as 1978–79. Published since 1 January 1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India. The 30 constituent companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. The BSE SENSEX (also known as the S&P Bombay Stock Exchange Sensitive Ind ex or simply SENSEX) is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. Performance of the BSE SENSEX index between 19 ![]()
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