Breaking Records: Sensex Hits 75,000! Highlights of the Market Boom
Today during the last trading hour Sensex closed above 75,000 which is an all-time high for the first time. It’s been highlight a week for the Bombay Stock Exchange (BSE) and all over the Stock Market.
The 1000-point journey from 74,000 was undertaken in 24 sessions flat after the Sensex breached the 74,000 mark on March 6.
Let’s understand the Journey of Sensex: How it reached?
- Sensex hit 75,000 points in about 80 trading days, taking less than four months.
- In comparison, going from 65,000 to 70,000 points took the same amount of time.
- During April Sensex increased by 1.85%, March by 1.6%, and February by 1% rise.
- In the Past Year Index gained 25.4%
Sensex hit 67,000 in July 2023, 68,000 in December after 93 sessions, then surged 1,000 points in a single day on December 5, 2023.
This shows the rapid increase underscores the market’s strength and resilience
