Sensex has given returns of almost 360 times in last 39 ¥ears…!

Sensex has given returns of almost 360 times in last 39 Years...!

Sensex has given returns of almost 360 times in last 39 Years...!

The rise & fall of Sensex, BSE Index: Journey from 100 to 36,000

The S&P BSE SENSEX (S&P Bombay Stock Exchange Sensitive Index), also called the BSE 30 or simply the SENSEX, is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange.

Published since 1 January 1986, the S&P BSE SENSEX’s base value is taken as 100 on 1 April 1979 and its base year as 1978–79.

Journey of Indian Stock Market from 100 to 36000, amidst all jerks

YEAR MARCH CLOSING SENSEX QUOTES EVENTS
1979 100
1983 212 Indian Cricket Team won World Cup
1984 245 Indira Gandhi shot dead; Bhopal Gas tragedy
1989 714 Hung Parliament with Congress outside support
1990 1000 SENSEX touched the four-digit figure for the first time
1991 1168 Rajiv Gandhi assassination
1992 4285 Indian Economy opening up, Dream budget by MMS, Harshad Mehta Scam
1993 2281 Blast in Mumbai also at BSE building, riots all over
1996 3367 Indian stock market goes digital with NSE’s new trading platform
1999 3740 NDA coming to power with Atal Bihari Vajpayee as PM
2000 5001 Technology boom
2001 3640 Gujarat earthquake
2003 3049 Big bull run started in Dalal Street
2004 5591 UPA coming to power with Left party support
2006 10000 Sensex conquered
2007 20000 Sensex conquered
2008 7697 Sub-prime crisis in USA bring financial instability worldwide
2010 17590 Satyam scam, Common wealth scam, Telecom scam
2013 18835 Young Raghu Ram Rajan appointed RBI governor
2014 22386 BJP alone conquering 283 seats in LokSabha and NDA coming to power with 330 seats
2016 25717 Demonetization
2018 36,000

As seen from above table Sensex has given returns of 360 times in spite of many good and bad news in last couple of decades. If you would have invested Rs.10, 000 in Sensex in 1980 it would have grown to Rs.36, 00,000 today. Investment in proper stocks with diversification in multibagger and Value  stocks can convert your wealth into crores and even more.

Know the proper stocks through share market advisor. Index returns are nothing in comparison to the stock specific returns, earn much more than index. Know the best shares to buy for long term investment which can convert your small investment amount into crores of rupees.

Faced many adversities in-between, Sensex has grown. Surely there has been Downside but sooner or later that downside has always been overcome and market crossed previous highs. These ups and downs of market will go on, market will get overpriced and underpriced.

People who wait for the corrections are actually never able to enter market, believe me they don’t enter even on corrections, during correction they get panic stricken. The fact is, those who actually entered earned huge returns even though they entered on higher side. The only thing to be carefully watched is selection of proper stocks.

Save Wisely, Invest Smartly!

KNOWLEDGE BASE