sensex share priceBy stockstbit.com / 23 June 2024 Rate this post Understanding the Sensex Share Price: A Comprehensive Guide Introduction to Sensex The Bombay Stock Exchange (BSE) Sensex, also known as the S&P BSE Sensex, is a stock market index that tracks the performance of 30 well-established and financially sound companies listed on the BSE. As one of the oldest stock exchanges in Asia, the Sensex serves as a barometer of the Indian economy, reflecting the market sentiment and investor confidence. Understanding the dynamics of the Sensex share price is crucial for investors and market enthusiasts alike. Historical Overview of Sensex Inception and Early Years The Sensex was first compiled in 1986, taking into account the market capitalization of 30 companies across various sectors. The base year was set as 1978-79, with the base value of 100. Since its inception, the Sensex has been a significant indicator of the economic health and market trends in India. Milestones and Growth Over the years, the Sensex has witnessed several milestones: 1990s: The liberalization of the Indian economy in 1991 marked a new era of growth. The Sensex crossed the 1,000 mark for the first time in July 1990, reflecting increased foreign investment and economic reforms. 2000s: The technology boom and subsequent bust in the early 2000s led to significant volatility. However, the sustained economic growth and corporate earnings drove the Sensex to surpass the 10,000 mark in February 2006. 2010s: The decade saw a steady climb, with the Sensex crossing the 20,000 mark in 2010 and reaching the 30,000 mark by 2017, propelled by strong economic fundamentals and investor optimism. Leave a Comment Cancel ReplyYour email address will not be published. Required fields are marked *Type here.. Name* Email* Website Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X
