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Friday, January 6, 2017

The Bombay Stock Exchange index SENSEX has seen ups and downs, rallies and rumbling, sky rocketing and shocks alike

Here's presenting a journey of the beloved index over the years:

*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 = *25000*.

(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*.

It is evident that although the stock composition may have changed, despite ups and downs,  SENSEX has grown 300 times over last 37 years overcoming the downsides and roller coaster rides each time and moving on to new heights

Be a Systematic & Disciplined Investor.

Save Wisely, Invest Smartly!

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