Sonsex Today
SONSEX – BSE SONSEX Today, Live SONSEX Index: Sonsex Today Live, In this article Share Marketdo Shows when was Sonsex formed, indexbom:sensex, Sonsex Charts, Sonsex Live Charts, Live Sonsex Charts, How many companies list in it all these have been explained.
BSE Sonsex, first compiled for the first time in 1986, shows market capitalization. The market capitalization-weighted methodology of 30-element shares represents massive, well-established, and financially sound corporations throughout key sectors. The bottom yr of Sonsex was taken as 1978-79.
SONSEX – BSE SONSEX Today – Live SONSEX Index-Sonsex Live Chart | Sonsex Today Live – Sonsex Share Price
The BSE has some reviews and modifies its composition to be sure it reflects current market conditions. The index is calculated based on a free float capitalization method, a variation of the market capitalization method. Instead of using a company’s outstanding shares, it uses its float or shares readily available for trading. Free Floating capital implies total capitalization less Directors shareholding. As per free float capitalization methodology, the index level at any point in time reflects the free float market value of 30 constituent stocks relative to a base period. A company's market capitalization is determined by multiplying its stock price by the number of shares issued by corporate actions, replacement of scrips. The index has increased over twenty-five times from June 1990 to the present. Using information from April 1979 onwards, the long-run rate of return on the S&P BSE SONSEX works out to be 18.6% per annum.
The following is a timeline of the rise of the SONSEX throughout Indian stock market history.
- 1000, 25 July 1990 – On 25 July 1990, the SONSEX 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, 15 January 1992 – On 15 January 1992, the SONSEX crossed the 2,000 mark and closed at 2020, followed by the liberal economic policy initiatives undertaken, under the leadership of the then prime minister PV Narasimha Rao, by the then finance minister and Former Prime Minister of India Dr Manmohan Singh.
- 3000, 29 February 1992 – On 29 February 1992, the SONSEX surged past the 3,000 mark in the wake of the market-friendly Budget announced by Manmohan Singh.
- 4000, 30 March 1992 – On 30 March 1992, the SONSEX 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 SONSEX witnessed unabated selling.
- 5000, 11 October 1999 – On 11 October 1999, the SONSEX crossed the 5,000 mark, as the Bharatiya Janata Party-led coalition won the majority in the 13th Lok Sabha election.
- 6000, 11 February 2000 – On 11 February 2000, the information technology boom helped the SONSEX to cross the 6,000 mark and hit an all-time high of 6,006 points. This record would stand for nearly four years, until 2 January 2004, when the SONSEX closed at 6,026.59 points.
- 7000, 21 June 2005 – On 20 June 2005, the settlement between the Ambani brothers boosted investor sentiments, and the scrips of RIL, Reliance Energy, Reliance Capital, and IPCL made huge gains. This helped the SONSEX cross 7,000 points for the first time.
- 8000, 8 September 2005 – On 8 September 2005, the Bombay Stock Exchange’s benchmark 30-share index – the SONSEX – crossed the 8,000 level following brisk buying by foreign and domestic funds in early trading.
- 9000, 9 December 2005 – The SONSEX on 28 November 2005 crossed 9,000 and reached a peak of 9,000.32 points during mid-session at the Bombay Stock Exchange on the back of a frantic buying spree by foreign institutional investors and well supported by local operators as well as retail investors. However, on 9 December 2005, the SONSEX first closed at over 9,000 points.
- 10,000, 7 February 2006 – The SONSEX on 6 February 2006 touched 10,003 points during mid-session. The SONSEX finally closed above the 10,000 mark on 7 February 2006.
- 20,000, 11 December 2007 – The SONSEX on 29 October 2007 crossed the 20,000 mark for the first time during intra-day trading but closed at 19,977.67 points. However, it was on 11 December 2007 that it finally closed at a figure above 20,000 points on the back of aggressive buying by funds.
- 21,000, 5 November 2010 – The SONSEX on 8 January 2008 crossed the 21,000 mark for the first time, reaching an intra-day peak of 21,078 points before closing at 20,873. However, it was not until 5 November 2010 that the SONSEX closed at 21,004.96, its first close above 21,000 points. This record would stand for nearly three years, until 30 October 2013, when the SONSEX closed at 21,033.97 points.
- 19 February 2013 – SONSEX becomes S&P SENSEX as BSE ties up with Standard and Poor’s to use the S&P brand for Sonsex and other indices.
- 13 March 2014 – The SONSEX closes higher than the Hang Seng Index to become the major Asian stock market index with the highest value for the first time ever.
- 22,000, 24 March 2014 – The SONSEX on 10 March 2014 crossed the 22,000 mark for the first time during intra-day trading. However, on 24 March 2014, the index finally closed above the milestone at 22,095.30.
- 23,000, 9 May 2014 – The SONSEX crossed the record 23,000 level for the first time but close just short of the milestone level on 9 May 2014. The index would close well above the 23,000 mark during the following session.
- 12 May 2014 – The SONSEX closed at its record all-time high of 23,551, a rise of 2.42%(+556.77 points) intraday due to continued fund inflows in hopes of a stable government.
- 24,000, 13 May 2014 – The SONSEX crossed the record 24,000 level for the first time on 13 May 2014 and reached its peak of 24,067.11 due to sustained capital inflows by foreign funds at the domestic bourses and widespread buying by retail investors after exit polls showed the BJP-led NDA forming the government raised the key indices to new highs. However, it closed at a little low at 23,905 points
- 25,000, 16 May 2014 – The SONSEX crossed the record 25,000 level for the first time, on 16 May 2014 and reached its peak of 25,364.71 due to winning of the BJP led NDA government by a staggering record marginal difference of all times. However, it closed well below the 25,000 mark. Still, the index closed at its all-time high of 24,121.74, for its first close above 24,000 points. The SONSEX closed at 25,019.51, for its first close above the 25,000 milestone on 5 June 2014
- 26,000, 7 July 2014– The SONSEX crossed record 26,000 level for the first time on 7 July 2014 and reached its peak of 26,123.55, before closing slightly lower at 26,100.08, in anticipation of strong reformatory budget by the new government.
- 27,000, 2 September 2014 – The SONSEX closed at 27,019.39, for its first close above the 27,000 level, on 2 September 2014. This is the sixth 1000-point milestone the index has crossed in 2014, tying a record set in 2007.
- 28,000, 5 November 2014 – The SONSEX crossed 28,000 mark, on 5 November 2014. One week later, on 12 November 2014, the index would close above the milestone for the first time. This is the seventh 1000-point milestone the index has crossed in 2014, breaking the six 1000-point record set in 2007.
- 29,000, 23 January 2015 – BSE Sansex today set a new high of 29,408 points and all-time closing high of 29,278.84, up 272.82 points.
- 30,000, 4 March 2015 – The Sansex breaches 30000 mark following steps taken by the Reserve Bank of India in cutting the repo rates.
- 26 April 2017 – The SONSEX closed at 30,133.35, for its first close above the 30,000 level.
- 31,000, 26 May 2017– The SONSEX crossed record 31,000 level for the first time on 26 May 2017 and reached its peak of 31,074.07, before closing slightly lower at 31,028.21.
- 32,000, 13 July 2017 – The SONSEX closed at 32,037.38, for its first close above the 32,000 level, on 13 July 2017.
- 33,000, 25 October 2017 – The SONSEX closed at 33,042.50, for its first close above the 33,000 level.
- 34,000, 26 December 2017 – The SONSEX closed at 34,010.62, for its first close above the 34,000 level.
- 35,000, 17 January 2018 – The SONSEX closed at 35,081.82, for its first close above the 35,000 level.
- 36,000, 23 January 2018 – The SONSEX closed at 36,139.98, for its first close above the 36,000 level.
- 37,000, 27 July 2018 – The SONSEX on 26 July 2018 crossed the 37,000 mark for the first time during intra-day trading. On 27 July 2018 the index closed above the milestone.
- 38,000, 9 August 2018 – For the first time SONSEX passed the score of 38,000 during intra-day trading, and then closed at 38,024.37.
- 39,000, 1 April 2019 – The SONSEX on 1 April 2019 crossed the 39,000 mark for the first time during intra-day trading.
- 2 April 2019 – The SONSEX closed at 39,056.65, for its first close above the 39,000 level.
- 40,000, 23 May 2019 – The SONSEX crossed “40,000.100” at 10:45 AM for the first time. (2019 Loksabha (House of the People) Election results were getting published)
- 41,000, 26 November 2019 – The SONSEX crossed “41,120.28” first time during intraday trading.
- 42,000, 16 January 2020 – The SONSEX crossed 42,000 mark with an all-time high of 42,059.45 at around 09:47 AM.
- 45,000, 04 December 2020 – The SONSEX crossed 45,000 mark with an all-time high of 45,033 at around 10:30 AM.
- 46,000, 09 December 2020 – The SONSEX crossed 46,000 mark with an all-time high of 46,017 at around 1:30 PM.
- 50,000, 21 January 2021 – The SONSEX crossed 50,000 mark with an all-time high of 50,181 at around 1:30 PM.
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