The Sensex Journey From 1000 to 10000!
The 1000-mark: On July 25 1990, the Sensex touched the magical four-digit figure for the first time and closed at 1,001.
The 2000-mark: On January 15, 1992, the Sensex crossed the 2,000-mark and closed at 2,020 followed by the liberal economic policy initiatives undertaken by the finance minister.
The 3000-mark: On February 29, 1992, the Sensex surged past the 3000 mark in the wake of the market-friendly Budget.
The 4000-mark: On March 30, 1992, the Sensex crossed the 4,000-mark and closed at 4,091 on the expectations of a liberal export-import policy.
The 5000-mark: On October 8, 1999, the Sensex crossed the 5,000-mark as the BJP-led coalition won the majority in the 13th Lok Sabha election.
The 6000-mark: On February 11, 2000, the infotech boom helped the Sensex to cross the 6,000-mark and hit and all time high of 6,006.
The 7000-mark: On June 20, 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 helped the Sensex crossed 7,000 points for the first time.
The 8000-mark: On 8th September 2005, the Bombay Stock Exchange's benchmark 30-share index the Sensex crossed the 8000 level following brisk buying by foreign and domestic funds in early trading.
The 9000-mark: The Sensex on November 28, 2005 crossed the magical figure of 9000 to touch 9000.32 points.
The 10,000-mark: The Sensex on Monday crossed the magical figure of 10,000 and touched a life-time peak of 10,003 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.
The 2000-mark: On January 15, 1992, the Sensex crossed the 2,000-mark and closed at 2,020 followed by the liberal economic policy initiatives undertaken by the finance minister.
The 3000-mark: On February 29, 1992, the Sensex surged past the 3000 mark in the wake of the market-friendly Budget.
The 4000-mark: On March 30, 1992, the Sensex crossed the 4,000-mark and closed at 4,091 on the expectations of a liberal export-import policy.
The 5000-mark: On October 8, 1999, the Sensex crossed the 5,000-mark as the BJP-led coalition won the majority in the 13th Lok Sabha election.
The 6000-mark: On February 11, 2000, the infotech boom helped the Sensex to cross the 6,000-mark and hit and all time high of 6,006.
The 7000-mark: On June 20, 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 helped the Sensex crossed 7,000 points for the first time.
The 8000-mark: On 8th September 2005, the Bombay Stock Exchange's benchmark 30-share index the Sensex crossed the 8000 level following brisk buying by foreign and domestic funds in early trading.
The 9000-mark: The Sensex on November 28, 2005 crossed the magical figure of 9000 to touch 9000.32 points.
The 10,000-mark: The Sensex on Monday crossed the magical figure of 10,000 and touched a life-time peak of 10,003 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.
posted by Sensex-Blog Admin at 10:52 AM
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