On Tuesday, the Bombay Stock Exchange Sensex created a new record by touching the 18,000 mark for the first time in the history of Indian stock market. It took seventeen years for the Indian stock market to touch the 18,000 mark as the Sensex had touched 1000 mark on July 25, 1990.
The most interesting part of the roaring Bull’s story is that it took only eight days, (2nd shortest journey), to go from 17,000 to 18,000-mark. Earlier, the Sensex had touched 17,000 on September 26 in just six trading sessions from 16,000.
According to report, some of the biggest index gainers on Tuesdaywere Reliance Energy (6.4%), Reliance Communications (up 6.1%), Bharti Airtel (4.08%), Maruti Udyog (2.89%) and Tata Steel (3.57%). Cipla, down 0.93 per cent, was the only Sensex loser. Foreign Institutional Investors have invested $3.54 bn in cash market on Tuesday.
Here is the list of dates when BSE Sensex started the journey and touched various milestones till today to cross 18,000-point mark:
# July 25, 1990- 1000 pts
# January 3, 1992- 2000 pts
# February 29, 1992- 3000 pts
# March 30, 1992- 4000 pts
# October 8, 1999- 5000 pts
# February 11, 2000- 6000 pts
# June 20, 2005- 7000 pts
# September 8, 2005- 8000 pts
# November 28, 2005- 9000 pts
# February 6, 2006- 10,000 pts
# March 21, 2006- 11,000 pts
# April 20, 2006- 12,000 pts
# October 30, 2006- 13,000
# December 5, 2006- 14,000 pts
# July 6, 2007- 15,000 pts
# September 19, 2007- 16,000 pts
# September 26,2007- 17,000 pts
# October 9, 2007- 18,000 pts
