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Jul. 25, 1990 Sensex touched four-digit figure for the first time and closed at 1,001
Jan. 15, 1992 Sensex touched 2,000 points for the first time
Feb. 29, 1992 Sensex touched 3,000 points for the first time
Mar. 30, 1992 Sensex touched 4,000 points for the first time
Oct. 11, 1999 Sensex touched 5,000 points for the first time
Feb. 11, 2000 Sensex touched 6,000 points for the first time
Jun. 21, 2005 Sensex touched 7,000 points for the first time
Oct. 29, 2007 Sensex crossed 20,000 for the first time
Jan. 8, 2008 Sensex touched all-time peak of 21,078 points before closing at 20,873
Weight %
Top Five Sensex Stocks * Top Five Sensex Sectors Weight % #
# Weight of the sector in the Sensex as on December 16, 2009 NB: FMCG – Fast-Moving Consumer Goods sector
Total weight of these top five companies in the Sensex is 43 per cent. Which
means, any movement in the stock prices of these five companies will have a
large impact on the movement of Sensex itself. India’s dominating company is
Reliance Industries with a weight of 13.52 per cent in the Sensex. Other leading
Sensex companies in addition to those given in the above table are: ITC, HDFC
Bank, State Bank of India, ONGC, Bharti Airtel, TCS and BHEL. As far as sectors
are concerned, the top five sectors are Finance, Oil & Gas, IT, Capital Goods
and FMCG with a massive weight of 72 per cent among themselves in Sensex.
The other seven sectors that are part of the Sensex are Metals, Transport
Equipment, Power, Telecom, Housing, Diversified and Healthcare.
Sensex is the most popular index in Indian Stock Market. It is followed by millions
of stakeholders and general public all over the world. It is synonymous with the
strength of financial markets. Its movement is widely tracked because it is easily
understandable by all people as it is just a number and investors find it extremely
simple to follow. It has attained iconic status in India in the last three decades. It
has achieved massive brand value not only in India but all over the globe. As
Such, this is just a start-up or a springboard for several investors who are testing
the stock markets for the first time in India. It is no wonder it has become an
integral part of India’s economy and has become leading economic indicator in
India. However, it is not necessary that it is a barometer of India’s growing
economy.
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