50 , || Five Reasons Why Sensex Touches 50K ||
How has the Sensex moved and changed over time?
Launched on January 2, 1986 (base year:1978-79 = 100), the countrys first equity index has risen from 124 in April 1979 to 50,000 today, a compounded annual growth rate of 15.9% over 42 years. From 1990, when it hit 1,000, the CAGR of the S&P BSE Sensex is 13.5%.
Thirty-five years ago, there were no IT companies and banking stocks in the benchmark index; it now has 9 stocks from banking and finance, and 4 information technology companies. Only five companies that were initially part of the index retain their place Reliance Industries, HUL, ITC, L&T, and M&M.
What is behind the unhindered rise of the market?
The continuous rally that followed the crash triggered by the Covid-19 pandemic in February and March 2020, was driven by foreign portfolio investors (FPIs); since April 1, 2020, inflows have hit a record Rs 2.41 lakh crore. The system is flush with liquidity, which is one reason for the non-stop rally.
https://indianexpress.com/article/explained/sensex-at-50000-explained-for-investors-7156561/
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50 , || Five Reasons Why Sensex Touches 50K || How has the Sensex moved and changed over time? Launched on January 2, 1986 (base year:1978-79 = 100), the countrys first equity index has risen from 124 in April 1979 to 50,000 today, a compounded annual growth rate of 15.9% over 42 years. From 1990, when it hit 1,000, the CAGR of the S&P BSE Sensex is 13.5%. Thirty-five years ago, there were no IT companies and banking stocks in the benchmark index; it now has 9 stocks from banking and finance, and 4 information technology companies. Only five companies that were initially part of the index retain their place Reliance Industries, HUL, ITC, L&T, and M&M. What is behind the unhindered rise of the market? The continuous rally that followed the crash triggered by the Covid-19 pandemic in February and March 2020, was driven by foreign portfolio investors (FPIs); since April 1, 2020, inflows have hit a record Rs 2.41 lakh crore. The system is flush with liquidity, which is one reason for the non-stop rally. https://indianexpress.com/article/explained/sensex-at-50000-explained-for-investors-7156561/