Sensex Milestones

Sensex level Date Sensex Drivers

1,000 July 25, 1990 Good monsoon and excellent corporate results.
Liberal economic policy initiatives undertaken by the then finance Minister, Dr Manmohan
2,000 January 3, 1992
Singh.
3,000 February 29, 1992 Market-friendly Budget by the then Finance Minister, Dr Manmohan Singh.
4,000 March 30, 1992 Liberal export-import policy.
5,000 October 8, 1999 BJP-led coalition won the majority.
6,000 February 11, 2000 Infotech boom
7,000 June 20, 2005 News of the settlement between the Ambani brothers boosted investor sentiments
8,000 September 8, 2005 Buying by foreign and domestic funds
9,000 November 28, 2005 FIIs on buying Spree.
10,000 February 6, 2006 Buying from FIIs, Local operators and retail investors
Robust foreign fund inflows and a move by Government towards greater capital account
11,000 March 21, 2006
convertibility.
Massive buying from mutual funds around Rs.3400 cr. in just 19 trading sessions, favorable
12,000 April 20, 2006 credit policy. Expectation of robust fourth quarter earnings by corporate and S&P upgrading
India’s sovereign credit rating from stable to positive
Fund infusion from market players, falling oil prices and strong second quarter results from
13,000 October 30, 2006
Technology and Banking companies. Robust growth in infrastructure sector.
Strong FII inflow, healthy corporate earnings and continued strong economic data coupled
14,000 December 5, 2006
with slash in petrol and diesel prices have fuelled the latest surge on the bourses.
The softening trend in inflation below the five per cent level, indications of interest rates
15,000 July 6, 2007
having peaked, strong FII inflows and expectations of good quarterly results.
US fed rate cut by 50 basis point, strong foreign fund inflows, softening trend in inflation
16,000 September 19, 2007
below the four per cent level and Good Kharif crop.
17,000 September 26, 2007 Robust FII inflows and positive sentiments across the boards.
Strong FII Inflows and short covering due to easing of political tension between LEFT and
18,000 October 09, 2007
UPA over the Nuclear Deal.
Strong fund flow and expectation of good quarterly result from companies has fuelled this
19,000 October 15, 2007
leg of rally.
Strong FII buying coupled with short covering led to sharp up move. Registering of FII and
20,000 October 29, 2007
P notes issue clarification has put momentum into Sensex.
Expectation of excellent quarterly result and strong forward momentum has played major
21,000 January 08, 2008
role.

But a Heavy Fall in in 2010 due to the 2G Spectrum and other Corruption allegations