Sensex Journey From 1000 to 80000 :The stock market is making records one after the other in 2024. Today Sensex and Nifty again reached their all-time high. Sensex has broken the 80 thousand level for the first time (Sensex Break 80000 Level). Earlier on 11 December 2023, the Sensex broke the 70 thousand level. It took less than 7 months for the Sensex to strengthen by 10 thousand. Whereas it took about 6 months for the Sensex to reach from 65 thousand to 70 thousand. At the same time, the journey between 60 thousand to 70 thousand was completed in more than 2 years. Talking about this year, the Sensex has gained 11 percent or around 7650 points. Many stocks contributed to taking the Sensex from 70 thousand to 80 thousand.
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Sensex: The journey from 10 thousand to 80 thousand
Sensex @ 10,000: February 7, 2006
Sensex @ 20,000: 11 December 2007
Sensex @ 30,000: April 26, 2017
Sensex @ 40,000: June 3, 2019
Sensex @ 50,000: February 3, 2021
Sensex @ 60,000: 24 September 2021
Sensex @ 70,000: December 11, 2023
Sensex @ 80,000: July 3, 2024
Sensex was started in 1986 and it took 970 sessions to reach 1000 points in 1990. While it took 270 sessions to reach the next 1000 points. In October 1999, it broke the 5000 level for the first time, while it took 7 more years to reach the 10 thousand level. That is, it reached the 10 thousand level in February 2006.
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7650 points rise this year
Talking about the year 2024, so far the Sensex has gained more than 7650 points or about 11 percent. At the same time, the Nifty has gained more than 2525 points or about 11.50 percent. During this period, the midcap index has gained 26 percent and the smallcap index has gained 22 percent. Bank Nifty has grown 10 percent and Nifty IT has grown about 5 percent. The broader market i.e. BSE500 has gained about 17.29 percent.
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2024: Top performers of Sensex 30
M&Ms : 66%
Power Grid Corporation: 41%
Bharti Airtel: 38%
SBI : 30%
Tata Steel : 26%
Tata Motors : 25%
Sun Pharma: 21%
ICICI Bank : 21%
NTPC : 20%
Reliance Industries : 20%
2024: Top performers of other indexes
Shri Adhikari Brothers Television Network : 7288%
DataSoft Application Software : 946%
Royal India Corporation : 850%
Healthy Life Agritech : 792%
Diamond Power Infrastructure : 708%
Swati Projects : 644%
Ceenik Exports : 570%
Tahmar Enterprises : 566.93%
Bondada Engineering : 540%
Inland Printers : 537%
Airpace Industries: 494%
Integra Switch :487%
Insolation Energy : 325%
Shakti Pumps : 274%
Cochin Shipyard : 234%
Transformers and Rectifiers (India): 219%
Mochip Technology : 180%
PrevNumber : 178%
Azad Engineering : 170%
Garden Rich : 164%
Kirloskar Brothers : 152.14%
Hitachi Energy: 148%
Aegis Logistics: 143%
Oracle Financial Services: 142%
PTC Industries : 132.32%
(Note: Stock returns are from January 1 to June 1, 2024.)