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Wednesday, May 24, 2017

Journey of Indian Share Market from 1979

Journey of Indian Share Market from 1979 

1979 - Sensex = 100

1981 - Sensex = 173

1983 - Indian Cricket Team winning World Cup. Sensex = 212

1984 - Indira Gandhi shot dead & Bhopal Gas tragedy Sensex = 245

1989 - Hung Parliament with Congress outside support. Sensex = 714

1991- Rajiv Gandhi assassination. Sensex = 1168

1992 - Indian Economy opening up. Dream budget* by MMS. Harshad Mehta Scam. Sensex = 4285

1993 - Blast in Mumbai. Also at BSE buidling. Riots all over. Sensex = 2281,

1996 - Indian stock market goes digital with NSE's new trading platform. Sensex = 3367

1999 - NDA coming to power with Atal Bihari Vajpayee as PM. Sensex = 3740

2000 - Technology boom. Sensex = 5001

2001 - Gujarat  earthquake. Sensex = 3640

2003 - Big bull run start in Dalal Street. Sensex = 3049

2004 - UPA coming to power with Left party support. Sensex = 5591

2006 - Sensex conquering = 10000

2007 - Sensex conquering = 20000

2008 - Sensex falling after touching high of 21200
Crude oil rising upto $ 147

2009 - Sub-prime crisis in USA bring financial instability worldwide. Sensex = 9568

2010 - Satyam scam, Common wealth scam, Telecom scam. Sensex = 17590

2013 - Young Raghu Ram Rajan appointed RBI governor. Sensex = 18835

2014 - BJP alone conquering 283 seats in Lok Sabha and NDA coming to power with 330 seats. Sensex = 2500
(March Closing Sensex quotes for all above )

04/03/2015 - Sensex = Life Time High 30025..! 

28/10/2016 - Sensex = 27958

28/12/2016 - Sensex = 26210

Sensex has Grown almost 300 times* in last 37 ¥ears...!

It is Clear that in all Adversity & Prosperity Sensex has Grown. 

Surely there have been Downside also

 But ,$ooner or later that downside have always been overcome
Journey of Indian Share Market from 1979 Reviewed by S. Chitra on May 24, 2017 Rating: 5 Journey of Indian Share Market from 1979  1979 - Sensex = 100 1981 - Sensex = 173 1983 - Indian Cricket Team winning World Cup....

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