Tracing The Journey Of The Sensex From 1000 Points To A New Record Of 66,000 Points

The Sensex began its journey from very modest numbers. In fact, the Sensex was trading at just 1000 points way back in 1992 and today has surged to a new high of 66,000 points. Here is a quick journey over the last few decades since hitting the 1000 points mark.

Timeline on the rise of the SENSEX through Indian stock market history

SENSEX	Record Date
1000	25 July 1990
2000	15 January 1992
3000	29 February 1992
4000	30 March 1992
5000	11 October 1999
6000	11 February 2000
7000	21 June 2005
8000	08 September 2005
9000	09 December 2005
10000	07 February 2006
20000	11 December 2007
21000	05 November 2010
22000	24 March 2014
23000	09 May 2014
24000	13 May 2014
25000	16 May 2014
26000	07 July 2014
27000	02 September 2014
28000	05 November 2014
29000	23 January 2015
30000	04 March 2015
31000	26 May 2017
32000	13 July 2017
33000	25 August 2017
34000	26 December 2017
35000	17 January 2018
36000	23 January 2018
37000	27 July 2018
38000	09 August 2018
39000	01 April 2019
40000	23 May 2019
41000	26 November 2019
42000	16 January 2020
45000	04 December 2020
46000	09 December 2020
50000	21 January 2021
60000	24 September 2021
66000	13 July 2023

Most analysts see a further upside in prices. "India's economy is in a multi-year upcycle which is a major positive. While there are pockets of overvaluations, pockets of opportunity also exist in markets," Gaurav Dua, senior vice president and head of capital market strategy at Sharekhan told news agency Reuters. "The indexes may be at or near record highs, but the valuations are not, thanks to healthy earnings growth over the past 20 months," he added.

"Auto, PSU Banks, Pharma, building material, and defence sector stocks could continue to see positive momentum," says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.