Escolar Documentos
Profissional Documentos
Cultura Documentos
BSE SENSEX
The S&P BSE SENSEX (S&P Bombay Stock Exchange Sensitive
Index), also-called the BSE 30 or simply the SENSEX, is a
free-float market capitalization-weighted stock market index of 30
well-established and financially sound companies listed on BSE
Ltd. The 30 component companies which are some of the largest
and most actively traded stocks, are representative of various
industrial sectors of the Indian economy. Published since 1
January 1986, the S&P BSE SENSEX is regarded as the pulse of
the domestic stock markets in India. The base value of the S&P
BSE SENSEX is taken as 100 on 1 April 1979, and its base year as
197879. On 25 July 2001 BSE launched DOLLEX-30, a
dollar-linked version of S&P BSE SENSEX. As of 21 April 2011,
the market capitalisation of S&P BSE SENSEX was about
29,733 billion (US$511billion) (47.68% of market capitalisation
of BSE), while its free-float market capitalisation was 15,690
billion (US$270billion).
Components
The BSE Sensex currently consists of the following 30 major
Indian companies as of 17 February 2012.[1]
Company
Industry
Scrip
[2]
500010
Cipla
Pharmaceuticals
500087
Electrical equipment
500103
Banking
500112
HDFC Bank
Banking
500180
Hero Motocorp
Automotive
500182
Infosys
[3]
[4]
[5]
[6]
[7]
BSE SENSEX
2
[9]
500312
Reliance Industries
500325
10 Tata Power
Power
500400
11 Hindalco Industries
500440
12 Tata Steel
Steel
500470
Conglomerate
500510
Automotive
500520
15 Tata Motors
Automotive
500570
16 Hindustan Unilever
Consumer goods
500696
17 ITC
Conglomerate
500875
18 Sterlite Industries
500900
19 Wipro
20 Sun Pharmaceutical
Pharmaceuticals
524715
21 GAIL
532155
22 ICICI Bank
Banking
532174
532286
24 Bharti Airtel
Telecommunication
532454
25 Maruti Suzuki
Automotive
532500
27 NTPC
Power
532555
28 DLF
Real estate
532868
29 Bajaj Auto
Automotive
532977
30 Coal India
533278
[10]
[11]
[12]
[13]
[14]
[15]
[16]
[17]
[18]
[19]
[21]
[22]
[23]
[24]
[25]
[26]
[28]
[29]
[30]
[31]
Calculation
The BSE constantly reviews and modifies its composition to be sure it reflects current market conditions. The index
is calculated based on a free float capitalisation method, a variation of the market capitalisation method. Instead of
using a company's outstanding shares it uses its float, or shares that are readily available for trading. As per free float
capitalisation methodology, the level of index at any point of time reflects the free float market value of 30
component stocks relative to a base period. The market capitalisation of a company is determined by multiplying the
price of its stock by the number of shares issued by of corporate actions, replacement of scrips, etc.
The index has increased by over ten times from June 1990 to the present. Using information from April 1979
onwards, the long-run rate of return on the S&P BSE SENSEX works out to be 18.6% per annum, which translates
to roughly 9% per annum.
BSE SENSEX
Milestones
Here is a timeline on the rise of the
SENSEX through Indian stock market
history
1000, 25 July 1990 On 25 July
1990, the SENSEX 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 SENSEX crossed
Graph of S&P BSE SENSEX monthly data
the 2,000 mark and closed at 2,020
followed by the liberal economic policy initiatives undertaken by the then finance minister and current Prime
Minister Dr Manmohan Singh.
3000, 29 February 1992 On 29 February 1992, the SENSEX 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 SENSEX 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
SENSEX witnessed unabated selling.
5000, 11 October 1999 On 11 October 1999, the SENSEX 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 SENSEX 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 SENSEX closed at 6,026.59 points.[32]
7000, 21 June 2005 On 20 June 2005, the news of 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 SENSEX crossed 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
SENSEX crossed the 8,000 level following brisk buying by foreign and domestic funds in early trading.
9000, 9 December 2005 The SENSEX on 28 November 2005 crossed 9,000 and touched a peak of 9,000.32
points during mid-session at the Bombay Stock Exchange on the back of frantic buying spree by foreign
institutional investors and well supported by local operators as well as retail investors. However, it was on 9
December 2005 that the SENSEX first closed at over 9,000 points.[33]
10,000, 7 February 2006 The SENSEX on 6 February 2006 touched 10,003 points during mid-session. The
SENSEX finally closed above the 10,000 mark on 7 February 2006.
11,000, 27 March 2006 The SENSEX on 21 March 2006 crossed 11,000 and touched a peak of 11,001 points
during mid-session at the Bombay Stock Exchange for the first time. However, it was on 27 March 2006 that the
SENSEX first closed at over 11,000 points.
12,000, 20 April 2006 The SENSEX on 20 April 2006 crossed 12,000 and touched a peak of 12,004 points
during mid-session at the Bombay Stock Exchange for the first time.
13,000, 30 October 2006 The SENSEX on 30 October 2006 crossed 13,000 for the first time. It touched a peak
of 13,039.36, before finally closing at 13,024.26 points.
14,000, 5 December 2006 The SENSEX on 5 December 2006 crossed the 14,000 mark for the first time.
BSE SENSEX
15,000, 6 July 2007 The SENSEX on 6 July 2007 crossed the 15,000 mark for the first time.
16,000, 19 September 2007 The SENSEX on 19 September 2007 crossed the 16,000 mark for the first time.
17,000, 26 September 2007 The SENSEX on 26 September 2007 crossed the 17,000 mark for the first time.
18,000, 9 October 2007 The SENSEX on 9 October 2007 crossed the 18,000 mark for the first time.
19,000, 15 October 2007 The SENSEX on 15 October 2007 crossed the 19,000 mark for the first time.
20,000, 11 December 2007 The SENSEX 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 SENSEX 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.[34] However, it was not until 5 November 2010 that
the SENSEX closed at 21,004.96, for its first close above 21,000 points.[35] To date, this is the all-time record
high close for the SENSEX, as well as the only time the index has closed above the 21,000 mark.
19 February 2013 SENSEX becomes S&P SENSEX as BSE ties up with Standard and Poor's to use the S&P
brand for Sensex and other indices.[36]
17 May 2013 The SENSEX on 17 May 2013 closes at 20,286.12, for its highest peak in 28 months.[37]
BSE SENSEX
BSE SENSEX
May 2009
On 18 May 2009, the SENSEX surged up 2,110.79 points to close at 14,285.21, from its previous closing of
12,174.42, for its largest single day rally. Less than a month later, on 4 June 2009, the SENSEX would cross the
15,000 mark.
However, the SENSEX remained volatile during the summer of 2009. The SENSEX plunged by 869.65 points on 6
July 2009, the day of Union Budget presentation in Parliament on concerns over high fiscal deficit. This was the
biggest Budget-day loss for the index.[] On 17 August 2009, the SENSEX lost 626.71 points.
Once again, the SENSEX would recover from the volatility. On 7 September 2009, the SENSEX crossed the 16,000
mark, closing at 16,016.32 points. The index would gain 3,000 points over the next 12 months, as the SENSEX
crossed the 19,000 mark on 13 September 2010, closing at 19,208.33 points.
21,000, 5 November 2010 - The SENSEX closed at 21,004.96, for its first close above the 21,000 mark.
March 2008
The free fall of the SENSEX accelerated in March 2008. The month started out with the Sensex losing 900.84 points
on 3 March 2008, on concerns emanating from growing credit losses in the US. This would be the first of four
one-day falls of greater than 700 points during the month. On 13 March 2008, the SENSEX plummeted another
770.63 points on global economic jitters.[]
14,810, 17 March 2008 - The SENSEX dropped by 951.03 points on the global credit crisis and distress, to fall
below the 15,000 mark, closing at 14,810.[]
The month ended with the SENSEX shedding 726.85 points on 31 March 2008, after heavy selling in blue-chip
stocks on global economic fears.
13,802, 27 June 2008 - The SENSEX dropped by 600 points, to fall below the 14,000 mark, closing at 13,802.
12,962, 1 July 2008 - The SENSEX falls below the 13,000 mark, closing at 12,962.[]
11,802, 6 October 2008 - The SENSEX dropped by 724.62 points amid fears of the US recession and attempts by
governments across the world to save their failing banks, to fall below the 12,000 mark, closing at 11,802.[]
10,527, 10 October 2008 - The SENSEX dropped by 800.51 points amid weak industrial production data and
concerns over impact of global economic crisis on IT and banking firms in India,[] to fall below the 11,000 mark,
closing at 10,527.
BSE SENSEX
9,975, 17 October 2008 The SENSEX crashes below the psychological 5-figure mark of 10,000 points, closing
at 9,975.35, following extremely negative global financial indications in US and other countries. Just ten months
earlier, in December 2007, SENSEX had closed above the 20,000 mark for the first time.
8,701.07, 24 October 2008 - The SENSEX lost 10.96% of its value (1070.63 points) on the intra-day trade,
closing at 8,701.07, for its first close below the 9,000 mark since 14 June 2006, after RBI lowered its GDP growth
forecasts on global economic concerns.[] The loss was the 2nd highest in terms of total points, and the 3rd highest
percentage-wise, for a one day period in the index's history.
8,509.56, 27 October 2008 - The SENSEX hit an intra-day low of 7,697.39, before closing at 8,509.56,[] for its
lowest close since 14 November 2005.
Early 2009
The SENSEX dropped by 749.05 points on 7 January 2009, when the Satyam fraud came to light.[]
8,160.40, 9 March 2009 - The SENSEX closed at 8,160.40, for its lowest close since 2 November 2005.
Major falls
On the following dates, the SENSEX index suffered major single-day falls (of 430 or more points):[39]
1. 21 January 2008 --- 1,408.35 points
2. 24 October 2008 -- 1070.63 points
3. 17 March 2008 --- 951.03 points
4. 3 March 2008 --- 900.84 points[]
5. 22 January 2008 --- 875 points
6. 6 July 2009 --- 869.65 points
7. 11 February 2008 --- 833.98 points
8. 18 May 2006 --- 826 points
9. 10 October 2008 --- 800.51 points
10. 13 March 2008 --- 770.63 points
11. 17 December 2007 --- 769.48 points
12. 7 January 2009 --- 749.05 points
13. 31 March 2008[] --- 726.85 points
14. 6 October 2008 --- 724.62 points
15. 17 October 2007 --- 717.43 points
16. 15 September 2008 --- 710.00 points
17. 22 September 2011 --- 704.00 points
18. 18 January 2008 --- 687.82 points
19. 21 November 2007 --- 678.18 points
20. 16 August 2007 --- 642.70 points
21. 17 August 2009 --- 626.71 points
22. 2 April 2007 --- 617 points[]
23. 1 August 2007 --- 615 points
24. 27 June 2008 --- 600.00 points
25. 28 April 1992 --- 570 points[]
26. 17 May 2004 --- 565 points[]
27. 24 February 2011 --- 545.92 points
28. 20 June 2013 --- 526.41 points[40]
29. 27 February 2012 --- 477.82 points
30. 15 May 2006 --- 463 points[]
BSE SENSEX
31.
32.
33.
34.
35.
36.
37.
References
[2] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500010
[3] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500087
[4] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500103
[5] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500112
[6] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500180
[7] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500182
[8] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500209
[9] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500312
[10] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500325
[11] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500400
[12]
[13]
[14]
[15]
[16]
[17]
[18]
[19]
[20]
[21]
[22]
[23]
[24]
[25]
[26]
[27]
[28]
[29]
[30]
[31]
[40]
External links
SENSEX (http://www.bseindia.com/sensex/index.htm)
DOLLEX-30 (http://www.bseindia.com/mktlive/dollexwatch.asp?iname=DOL30)
Bombay Stock Exchange (http://www.bseindia.com/)
SENSEX Chart from 3 June 2008 to 3 August 2009: Fourteen Months Below the 16,000 Level (http://finance.
yahoo.com/
charts?s=^BSESN#symbol=^bsesn;range=20080603,20090803;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalu
License
Creative Commons Attribution-Share Alike 3.0 Unported
//creativecommons.org/licenses/by-sa/3.0/