The BSE SENSEX (also known as the S&P Bombay Stock Exchange Sensitive Index or simply SENSEX) is an Indian free-float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. The 30 constituent companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. Published since 1 January 1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India. The base value of the SENSEX was taken as 100 on 1 April 1979 and its base year as 1978–79. On 25 July 2001, BSE launched DOLLEX-, a dollar-linked version of the SENSEX.
Etymology The term Sensex was coined by Deepak Mohoni, a stock market analyst in 1989. BSE Sensitive Index then was at about 750 points. Sensex is a portmanteau of the words Sensitive and Index.
Calculation
The BSE has some reviews and modifies its composition to be sure it reflects current market conditions. The index is calculated based on a free float capitalisation method, a variation of the market capitalisation method. Instead of using a company's outstanding shares it uses its float, or shares that are readily available for trading. Free Floating capital implies total capitalization less Directors shareholding. As per free float capitalisation methodology, the level of index at any point of time reflects the free float market value of 30 constituent stocks relative to a base period. The market capitalisation of a company is determined by multiplying the price of its stock by the number of shares issued by corporate actions, replacement of scrips. The index has increased by over twenty five times from June 1990 to the present. Using information from April 1979 onwards, the long-run rate of return on the S&P BSE SENSEX works 18.6% per annum.
Constituents
Index changes
Constituent removedReplaced byDate of replacementReliance CommunicationsSun Pharma8 August 2011Reliance InfraCoal India8 August 2011Tata PowerLupin22 June 2015Hindalco IndustriesAsian Paints21 December 2015Bharat Heavy ElectricalsPower Grid Corporation of India20 June 2016GAILKotak Mahindra Bank19 June 2017CiplaIndusInd Bank18 December 2017LupinYes Bank18 December 2017Dr. Reddy's LaboratoriesVedanta18 June 2018WiproHCL Technologies24 December 2018Adani Ports & SEZBajaj Finance24 December 2018VedantaNestlé India23 December 2019Yes BankTitan Company23 December 2019Tata MotorsUltraTech Cement23 December 2019Tata SteelDr. Reddy's Laboratories21 December 2020Oil and Natural Gas CorporationTata Steel21 June 2021Bajaj AutoWipro20 December 2021Dr. Reddy's LaboratoriesTata Motors19 December 2022HDFCJSW Steel13 July 2023WiproAdani Ports & SEZ24 June 2024JSW SteelZomato23 December 2024
Record values CategoryAll-time highs Closing 85,836.12Thursday, 26 September 2024 Intra-day 85,978.25Friday, 27 September 2024
Milestones
The following is a timeline on the rise of the SENSEX through Indian stock market history.
1000, 25 July 1990 – On 25 July 1990, the SENSEX touched the four-digit figure for the first time and closed at 1,001 in the wake of a good monsoon and excellent corporate results. 2000, 15 January 1992 – On 15 January 1992, the SENSEX crossed the 2,000 mark and closed at 2,020 followed by the liberal economic policy initiatives undertaken, under the leadership of the then prime minister PV Narasimha Rao, by the then finance minister and former Prime Minister of India Dr. Manmohan Singh. 3000, 29 February 1992 – On 29 February 1992, the SENSEX surged past the 3,000 mark in the wake of the market-friendly budget announced by Manmohan Singh. 4000, 30 March 1992 – On 30 March 1992, the SENSEX crossed the 4,000 mark and closed at 4,091 on the expectations of a liberal export-import policy. It was then that the Harshad Mehta scam hit the markets and SENSEX witnessed unabated selling. 5000, 11 October 1999 – On 11 October 1999, the SENSEX crossed the 5,000 mark, as the Bharatiya Janata Party-led coalition won the majority in the 13th Lok Sabha election. 6000, 11 February 2000 – On 11 February 2000, the information technology boom helped the SENSEX to cross the 6,000 mark and hit an all-time high of 6,006 points. This record would stand for nearly four years, until 2 January 2004, when the SENSEX closed at 6,026.59 points. 7000, 21 June 2005 – On 20 June 2005, the news of the settlement between the Ambani brothers boosted investor sentiments and the scrips of RIL, Reliance Energy, Reliance Capital and IPCL made huge gains. This helped the SENSEX crossed 7,000 points for the first time. 8000, 8 September 2005 – On 8 September 2005, the Bombay Stock Exchange's benchmark 30-share index – the SENSEX – crossed the 8,000 level following brisk buying by foreign and domestic funds in early trading. 9000, 9 December 2005 – The SENSEX on 28 November 2005 crossed 9,000 and touched a peak of 9,000.32 points during mid-session at the Bombay Stock Exchange on the back of frantic buying spree by foreign institutional investors and well supported by local operators as well as retail investors. However, it was on 9 December 2005 that the SENSEX first closed at over 9,000 points. 10,000, 7 February 2006 – The SENSEX on 6 February 2006 touched 10,003 points during mid-session. The SENSEX finally closed above the 10,000 mark on 7 February 2006. 20,000, 11 December 2007 – The SENSEX on 29 October 2007 crossed the 20,000 mark for the first time during intra-day trading, but closed at 19,977.67 points. However, it was on 11 December 2007 that it finally closed at a figure above 20,000 points on the back of aggressive buying by funds. 21,000, 5 November 2010 – The SENSEX on 8 January 2008 crossed the 21,000 mark for the first time, reaching an intra-day peak of 21,078 points, before closing at 20,873. However, it was not until 5 November 2010 that the SENSEX closed at 21,004.96, for its first close above 21,000 points. This record would stand for nearly three years, until 30 October 2013, when the SENSEX closed at 21,033.97 points. 19 February 2013 – SENSEX becomes S&P SENSEX as BSE ties up with Standard and Poor's to use the S&P brand for Sensex and other indices. 13 March 2014 - The SENSEX closes higher than the Hang Seng Index, to become the major Asian stock market index with the highest value, for the first time ever. 22,000, 24 March 2014 – The SENSEX on 10 March 2014 crossed the 22,000 mark for the first time during intra-day trading. However, it was on 24 March 2014 that the index finally closed above the milestone at 22,095.30. 23,000, 9 May 2014 - The SENSEX crossed record 23,000 level for the first time, but close just short of the milestone level, on 9 May 2014. The index would close well above the 23,000 mark during the following session. 12 May 2014 - The SENSEX closed at its record all-time high of 23,551, a rise of 2.42%(+556.77 points) intraday due to continued fund inflows on hopes of a stable government. 24,000, 13 May 2014 - The SENSEX crossed record 24,000 level for the first time, on 13 May 2014 and reached its peak of 24,067.11 due to sustained capital inflows by foreign funds at the domestic bourses and widespread buying by retail investors after exit polls showing the BJP-led NDA forming the government lifted the key indices to new highs. However it closed at a little low at 23,905 points 25,000, 16 May 2014 - The SENSEX crossed record 25,000 level for the first time, on 16 May 2014 and reached its peak of 25,364.71 due to winning of the BJP led NDA government by a staggering record marginal difference of all times. However, it closed well below the 25,000 mark. Still, the index closed at its all-time high of 24,121.74, for its first close above 24,000 points. The SENSEX closed at 25,019.51, for its first close above the 25,000 milestone on 5 June 2014 26,000, 7 July 2014- The SENSEX crossed record 26,000 level for the first time on 7 July 2014 and reached its peak of 26,123.55, before closing slightly lower at 26,100.08, in anticipation of strong reformatory budget by the new government. 27,000, 2 September 2014 - The SENSEX closed at 27,019.39, for its first close above the 27,000 level, on 2 September 2014. This is the sixth 1000-point milestone the index has crossed in 2014, tying a record set in 2007. 28,000, 5 November 2014 - The SENSEX crossed 28,000 mark, on 5 November 2014. One week later, on 12 November 2014, the index would close above the milestone for the first time. This is the seventh 1000-point milestone the index has crossed in 2014, breaking the six 1000-point record set in 2007. 29,000, 23 January 2015 - BSE Sensex today set a new high of 29,408 points and all-time closing high of 29,278.84, up 272.82 points 30,000, 4 March 2015 - The Sensex breaches 30000 mark following steps taken by the Reserve Bank of India in cutting the repo rates. 26 April 2017 - The SENSEX closed at 30,133.35, for its first close above the 30,000 level. 31,000, 26 May 2017- The SENSEX crossed record 31,000 level for the first time on 26 May 2017 and reached its peak of 31,074.07, before closing slightly lower at 31,028.21. 32,000, 13 July 2017 - The SENSEX closed at 32,037.38, for its first close above the 32,000 level, on 13 July 2017. 33,000, 25 October 2017 - The SENSEX closed at 33,042.50, for its first close above the 33,000 level. 34,000, 26 December 2017 - The SENSEX closed at 34,010.62, for its first close above the 34,000 level. 35,000, 17 January 2018 - The SENSEX closed at 35,081.82, for its first close above the 35,000 level. 36,000, 23 January 2018 - The SENSEX closed at 36,139.98, for its first close above the 36,000 level. 37,000, 27 July 2018 - The SENSEX on 26 July 2018 crossed the 37,000 mark for the first time during intra-day trading. On 27 July 2018 the index closed above the milestone. 38,000, 9 August 2018 - For the first time SENSEX passed the score of 38,000 during intra-day trading, and then closed at 38,024.37. 39,000, 1 April 2019 – The SENSEX on 1 April 2019 crossed the 39,000 mark for the first time during intra-day trading. 2 April 2019 – The SENSEX closed at 39,056.65, for its first close above the 39,000 level. 40,000, 23 May 2019 – The SENSEX crossed "40,000.100" at 10:45 AM for the first time. (2019 Loksabha (House of the People) Election results were getting published) 41,000, 26 November 2019 – The SENSEX crossed "41,120.28" first time during intraday trading. 42,000, 16 January 2020 - The SENSEX crossed 42,000 mark with an all-time high of 42,059.45 at around 09:47 AM. 45,000, 4 December 2020 - The SENSEX crossed 45,000 mark with an all-time high of 45,033 at around 10:30 AM. 46,000, 9 December 2020 - The SENSEX crossed 46,000 mark with an all-time high of 46,017 at around 1:30 PM. 50,000, 21 January 2021 - The SENSEX crossed 50,000 mark with an all-time high of 50,181 at around 1:31 PM. 60,000, 24 September 2021 - The SENSEX crossed 60,000 mark with an all-time high of 60,218 at around 9:30 AM. 70,000, 11 December 2023 - The SENSEX crossed 70,000 mark with an all-time high of 70,057.83 at around 10:25 AM. 80,000, 3 July 2024 - The SENSEX crossed the 80,000 mark with an all-time high of 80,074.30 at around 9:52 AM.
The SENSEX since 2006
May–December 2006