BSE Sensex

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The BSE Sensex or Bombay Stock Exchange Sensitive Index is a valueweighted index composed of 30 stocks with the base April 1979 = 100. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange. These companies account for around one-fifth of the market capitalization of the BSE. The base value of the Sensex is 100 on April 1, 1979 and the base year of BSESENSEX is 1978-79. At irregular intervals, the Bombay Stock Exchange (BSE) authorities review and modify its composition to make sure it reflects current market conditions. The abbreviated form "Sensex" was coined by Deepak Mohoni around 1990 while writing market analysis columns for some of the business newspapers and magazines. It gained popularity over the next year or two. The index has increased by over ten times from June 1990 to today. Using information from April 1979 onwards, the long-run rate of return on the BSE Sensex works out to be 18.6% per annum, which translates to roughly 9% per annum after compensating for inflation. [1]

The Bombay Stock Exchange

Contents
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1 Sensex milestones 2 Companies in the Sensex 3 References 4 External links

Sensex milestones
Here is a timeline on the rise and rise of the Sensex through Indian stock market history.

1000, July 25, 1990 - On July 25, 1990, the Sensex touched the four-digit figure for the first time and closed at 1,001 in the wake of a good monsoon and excellent corporate results. 2000, January 15, 1992 - 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 then finance minister and current Prime Minister Dr Manmohan Singh. 3000, February 29, 1992 - On February 29, 1992, the Sensex surged past the 3000 mark in the wake of the marketfriendly Budget announced by the then Finance Minister, Dr Manmohan Singh. 4000, March 30, 1992 - 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. It was then that the Harshad Mehta scam hit the markets and Sensex witnessed unabated selling. 5000, October 11, 1999 - 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 bull hits because of the rate cut of 50 bps in the discount rate by the Fed chief Ben Bernanke in US. October 30. RIL contributed 153 pts.000. September 26. ICICI Bk 120 pts.crossed the 8000 level following brisk buying by foreign and domestic funds in early trading. April 20.On February 11.On September 8. December 09.000. 14. 2005 . Reliance Industries was again the biggest contributor in this 1000 point gain. 2007 crossed the 17.It took just 4 days to reach from 18k to 19k. On 30th October 2006 it touched a peak of 13. 15. 13. It failed however to sustain the momentum and closed below 17000.The Sensex crossed the 18k mark for the first time on October 9. The Sensex closed above 17000 for the first time on the following day. contributing 256 points.The Sensex on December 5. June 21. 2005. 2006 .000 and touched a peak of 12.The Sensex on September 26. October 9.The Sensex on July 6.000. the Bombay Stock Exchange's benchmark 30-share index -. creating a record for the second fastest 1000 point gain in just 5 trading sessions. However. 2006 touched 10. It took 135 days to reach 13. Reliance group has been the main contributor in this bull run. This is the fastest 1000 points rally ever and also the 640 point rally was the second highest single day rally in absolute terms.000 and still riding high at the Bombay Stock Exchange for the first time.000. September 19. And 124 days to reach 13. The Reliance-pack along with Infosys and L&T lead the bull run.000 mark and reached a historic peak of 16322 while closing.000. 8000.500.006.000 mark for the first time.000 points.001 points during mid-session at the Bombay Stock Exchange for the first time. 2005 . it was on March 27.000 points for the first time.The Sensex on November 28. 2006 crossed 12.000 from 12. 9000. 2006 .On June 20.000. 2006 . 2007. 12. Top 5 stocks contributed 60% of rally from 18k to 19k.The Sensex on February 6. 11. Sensex also saw intra-day gains of 1000 points from the day's lows in the backdrop of political uncertainty between the UPA and Left parties on the Nuke deal.32 points during midsession 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 Sensex on September 19. 2006 . 6000. July 6. 2000 .280 at the end of day. December 5.024. 2007.004 points during midsession at the Bombay Stock Exchange for the first time. 18.000. The Sensex finally closed above the 10K-mark on February 7. The journey from 17k to 18k took just 8 trading sessions which is the third fastest 1000 point rise in the history of the sensex. 2006 that the Sensex first closed at over 11. Reliance Energy.26. ONGC 119 pts.003 points during mid-session. the infotech boom helped the Sensex to cross the 6.The Sensex crossed the 19k mark for the first time on October 15th 2007.000-mark and hit and all time high of 6.The Sensex on April 20. 2007 crossed another milestone and reached a magic figure of 15. 2006 crossed 14. 2005 crossed 9000 to touch 9000. February 11. October 15.000.2 trillion.000 and touched a peak of 11. 2007. the news of the settlement between the Ambani brothers boosted investor sentiments and the scrips of RIL.000.              . 2006 crossed 13.The Sensex on March 21. September 8. The sensex closed at 18. This helped the Sensex crossed 7. The markets started coming off the day's lows on news that the immediate threat to the government had receded after the warring factions agreed to talk further. March 27.the Sensex -.36 & closed at 13.000 from 12.000. 19.000. 2005. February 7.000. 2000.000 and touched a peak of 14028 at 9. 2007. This also helped Mukesh Ambani's net worth to grow to over $50 billion or Rs. 2006. That means a record 3000 point rally in 17 trading sessions. 2006 crossed 11. This 788 point gain on 9th October was the second biggest single day absolute gains.58AM (IST) while opening for the day December 5. 2005 . 2007 crossed the 16. 2006. 10. 16. 2006 . It was also during this record bull run that the Sensex for the first time zoomed ahead of the Nikkei of Japan. it took almost 7 month and 1 day to touch such a historic milestone. 2007. 7000. L&T 108 pts and Bharti Airtel 96 pts.039.The Sensex on October 30. 17. Reliance Capital and IPCL made huge gains. 2007.

that the government was not against FIIs and was not immediately banning PNs. The slide continued the next day when the Sensex fell 438. the Sensex closed at an all-time high of 12. This led to automatic suspension of trade for 1 hour. Within a minute of opening trade. 20.04 from Tuesday’s close after tumbling to a day’s low of 17307.43 points — 3. 2007 the Sensex witnessed a huge correction because of selling by Foreign Institutional Investors and global cues to come back to 15.83 per cent — to 17998. thus signalling the end of the PN crisis.160 points by noon. SEBI issued the fresh rules regarding PNs on the 25th of October. L&T and ICICI Bank top contributors with 50% contribution of last 1000 points rally. 2007). The coming Monday (October 29.000 barrier with a 428 point surge.Friday. The next day (October 18. However these 11 days between 19k and 20k have also been the most volatile in the history of India's stock markets on account of the P-Notes (Participatory notes) crisis which involved the biggest intra-day crash as well as the biggest single day gain.000 levels. down just 336. SEBI (Securities & Exchange Board of India) proposed curbs on participatory notes which accounted for roughly 50% of FII investment in 2007.000 mark from 1. The US Sub-prime crisis of 2007 On July 23. This was a result of increased confidence in the economy and reports that India's manufacturing sector grew by 11. the Sensex managed to move up 700 points.82. leading to the suspension of trading for the first time since May 17. After the markets opened at 10:55 am. The Sensex gave a thumbs up the next day . and on October 16. which is the biggest fall since April. 26th October by re-crossing the 19. [6] Participatory Notes Crisis of 2007 On the 16th of October.98 mark the very next day. there have been six 1.the biggest intra-day fall in Indian stock-markets in absolute terms. The volatility of the Sensex had caused investors to lose Rs 6 lakh crore ($131 billion) within seven trading sessions. 2007 and the second biggest ever (absloute terms) in history. 2006. after touching the lowest level of that week at 17226.953.The Sensex crossed the 20k mark for the first time with a massive 734.Damodaran held an hour long conference on the 22nd of October to clear the air on the proposals to curb PNs where he announced that funds investing through PNs were most welcome to register as FIIs. However the proposals of SEBI were not clear and this led to a knee-jerk crash when the markets opened on the following day (October 17. . 2004. the third such biggest fall in its history. It took 11 days to reach from 19k to 20k. The journey of the last 10. 2007 which said that FIIs cannot issue fresh P-Notes and existing exposures were to be wound up within 18 months. 2007. however not the end of the volatility. M.1% in August 2006. The Finance Minister of India. Finance Minister P.297 sessions taken to touch the 10.90.5 point gain but closed below the 20k mark. the Sensex crashed by 1744 points or about 9% of its value . the BSE Sensex fell by 615 points in a single day on August 1. On May 22. [3] On July 27. the Sensex touched a new high of 15. 2006.18 during the day.18 with an intra-day high of 12. When trading resumed after the reassurances of the Reserve Bank of India and the Securities and Exchange Board of India. SEBI was not happy with P-Notes because it is not possible to know who owns the underlying securities and hedge funds acting through PNs might therefore cause volatility in the Indian markets.000 points was covered in just 869 sessions as against 7. The SEBI chief.000-point rallies for the Sensex. [4] Following global cues and heavy selling in the International markets. [5] Following the same trend.733 points. 2007. 2007) history was created when the Sensex leaped 734. 2007.41 points to settle at 17559. This is the largest ever intra-day crash (in points terms) in the history of the Sensex. the BSE Sensex fell by 643 points in a single day on August 16.39. they staged a remarkable comeback and ended the day at 18715. 2007). the Sensex tumbled by 717. whose registration process would me made faster and more steamlined. 2007.98 at the end of the week.Chidambaram issued clarifications.5 points to cross the hallowed 20. 2007. still 450 points in the red.76.000. made an unscheduled press statement when trading was suspended to assure investors that nothing was wrong with the fundamentals of the economy.828. October 29. the Sensex plunged by a whopping 1100 points during intra-day trading. its second biggest fall. in the meantime. and advised retail investors to stay invested. Chidambaram. [2] The index touched the 15. P.000 mark for the first time. In 2007 alone. This was.928. The Sensex eventually recovered from the volatility. The markets welcomed the clarifications with an 879-point gain — its biggest single-day surge — on October23.

0.80 0.70 0.20 0.35 0. (as of October 31. Factor 0. Metal Products & Mining 0.80 Ambuja Cements Ltd Bajaj Auto BHEL Bharti Airtel Cipla Dr.70 1.15 0.70 FMCG Finance Information Technology FMCG 0.Companies in the Sensex List of BSE Sensex companies provides the full list of companies that have been part of the BSE Sensex since its inception in 1986 (baselined to 1979).45 0.85 0.90 0.75 0. Reddy's Laboratories** Grasim Industries HDFC HDFC Bank Hindalco Industries Hindustan Lever Limited ICICI Bank Infosys ITC Limited Larsen & Toubro Metal.90 0. 2007) [7] ↓ ↓ ↓ ↓ Code 500410 500425 500490 500103 532454 500087 500124 532868 500010 500180 500440 500696 532174 500209 500875 500510 500520 532500 532555 500312 500359 532712 ACC Name Sector Housing Related Housing Related Transport Equipments Capital Goods Telecom Healthcare Healthcare Diversified Finance Finance Adj.00 0.35 Mahindra & Mahindra Limited Transport Equipments Maruti Udyog NTPC ONGC Ranbaxy Laboratories Reliance Communications Transport Equipments Power Oil & Gas Healthcare Telecom .35 0.65 0.70 Capital Goods & Construction.60 0.65 0.65 0.75 0.

4.com/) National Stock Exchange of India (http://www.500390 500325 500376 500112 532540 500570 500470 507685 Reliance Energy Reliance Industries Satyam Computer Services State Bank of India Tata Consultancy Services Tata Motors Tata Steel Wipro Power Oil & Gas Information Technology Banking & Finance Information Technology Transport Equipments 0. plunges by 615 points (http://www.com/2007/08/17/stories/2007081756751900.in/rdocs/Publications/PDFs/80283.45 0.) Wikipedia® is a registered trademark of the Wikimedia Foundation. 2007.95 0. References 1. registered 501(c)(3) tax-deductible nonprofit charity.zip) External links   BSE Homepage (http://www. (See Copyrights for details.htm)".bseindia.bseindia.com/) BSE Sensex companies of India [hide] ACC · Bajaj · Airtel · BHEL · Cipla · DLF · Grasim · Gujarat Ambuja · HDFC · HDFC Bank · Hero Honda · Hindalco · HLL · ICICI Bank · Infosys · ITC · L&T · Maruti · NTPC · ONGC · Ranbaxy · Reliance Comm. · Reliance Energy · RIL · Satyam · SBI · TCS · Tata Motors · Tata Steel · Wipro All-time BSE Sensex companies Retrieved from "http://en.70 0.nseindia.net/Business/2007/August/1-Sensex-takesnose-10202. ^ "Sensex plunges by 542 points (http://www.hindu. ^ "Sensex dives 643 points on global meltdown (http://www. Inc.andhranews.net/Business/2007/July/24-Sensex-crosses-9177.asp)".70 Information Technology 0.20 - .net/Business/2007/July/27-Sensex-plunges-9626.rbi.20 0.asp)".**To be replaced by DLF on 19th November.org. 4 November 2007.andhranews.60 Metal.pdf) ^ "Sensex hits new high of 15.andhranews. ^ Handbook of Statistics on Indian Economy [1] (http://rbidocs.asp)". Metal Products & Mining 0.andhranews.50 0. 5. 7.733 (http://www.asp)". 828 mark (http://www.com/downloads/about/INDICES. 6. 2..   .S. a U. ^ "Sensex crosses 15.net/Business/2007/July/23-Sensex-hits-high-9024.org/wiki/BSE_Sensex" Categories: BSE Sensex | Stock market indices This page was last modified 15:06. All text is available under the terms of the GNU Free Documentation License. 3. ^ "Sensex takes nose dive. ^ List of sensex stocks (http://www.wikipedia.

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