Sensex Closes At 50,000 Mark For The First Time: Motilal Oswal Recaps The Index’s Journey
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Motilal Oswal Report
For the first time in history, the Sensex has closed above the psychological mark of 50,000 on February 03, 2021.
While the first 25,000 took approximately 28 years, the second 25,000 milestone has come in the last seven years.
The index has, indeed, come a long way from its humble beginnings in 1986, when it traded at 549, while setting the base year of 1978–79 as 100.
On this spectacular journey, the Sensex has mirrored the economic growth of the country from the pre-liberalization phase to now emerge as one of the top economies of the world while overcoming the challenges of Asian financial crisis, dot com bubble, Global financial crisis, taper tantrum to Covid-19 pandemic and coming out triumphant.
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