How Sensex completed its journey from 1000 to 50,000 in 30 years, will continue to rise in the future! Find out ....

-

Mumbai, Ta. Thursday, January 21, 2021

The BSE benchmark Sensex today set a new record. Today, for the first time in history, the Sensex has crossed 50,000. However, the Sensex has had to travel 35 years to reach here. At the same time, the wealth of investors in the stock market has reached around Rs 200 lakh crore. The Sensex crossed 1000 for the first time in 1990.

The Sensex touched a new high on Thursday on buying by domestic and foreign investors. Reliance Industries, Financial and IT stocks, the country's most valuable companies, have been instrumental in crossing the 50,000 mark.

The Sensex has gained 24,500 points in 208 days. When the Corona epidemic knocked on the door in late March last year, no one thought the Sensex would reach this point. On March 24, the Sensex (25,639) slipped to a 52-week low. But on Thursday it reached 50,126.73 points, up 95 per cent from the March 24 level.

The boom will remain the same
 According to statistics, the Sensex's journey from 40,000 to 50,000 has been very fast. 415 days ago, on May 23, 2019, the Sensex crossed the 40,000 mark for the first time during trading.
According to Vijay Kedia, a value investor and one of the stock market experts, the Sensex will reach 100,000 in the next decade.

Nilesh Shah, Head and MD, Kotak AMC Group, said, “This is a journey. I have seen the Sensex reach the level of 3,000 to 4,000 and then 10,000 and now 50,000. This is one of the highlights of his journey. I don’t think the market is overvalued by large margins. This positivity can also be seen in the future. If growth continues, the Sensex will continue to rise.

Deepak Jasani of HDFC Securities said the global downturn in interest rates and the corona vaccination in the Indian economy and the ongoing FPI inflows have raised hopes of a strong recovery in the market. Which has led to this increase. The market may see a temporary small decline before the budget. But going forward, the market will remain bullish. Jasani said how the Sensex will perform in the future will depend on the performance of the economy and the company's results. In addition, Bajra will keep an eye on inflation and interest rate movements in the world and in India.

The reason for the boom in India
Joe Biden: The market has rallied after Biden was sworn in as the 45th President of the United States, taking a decisive decision to revive the ailing economy after the Coyote-19 epidemic.

WHO: The World Health Organization plans to approve the corona vaccine from a number of Western and Chinese companies in the coming days.

ECB's plan: The European Central Bank does not plan to revise its monetary policy on Thursday, however, leaving the option of stimulus open.

Comments

Post a Comment

Popular posts from this blog

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

Detailed information about the descalant sulfamic acid

-
Image
- Industrial guidance-long description Boiler scale: When hard water is heated or evaporated inside the boiler walls and tubes, the calcium carbonate, calcium sulfate or other minerals in the hard water are deposited on the boiler walls or tubes after the water is evaporated. If this boiler scale is not removed from the boiler, the life of the boiler ends. That is why soft water is used in most boilers. (treated to remove calcium and magnesium ions before use). Hard water: Hard rock type soils will rot over a long period of time if the water does not contain low percentages of calcium, magnesium carbonate, bicarbonate sulfate or chloride. Degree of Hardness: Grains per gallon or parts per million (ppm) of calcium to measure water hardness. (1 grain of cac03 per gallon is equal to - 17-1 ppm) Up to 5 grains is considered soft water. More than 30, grains is very hard water. The impurity shown above can produce boiler scale. Also can make metal coossive. The temporary hardness can b
Read more