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BSE Sensex Records Historic Moment With All Time Highest 60,000 Points

On Friday (September 24) BSE Sensex recorded a history with all time hit at 60,000 points. It took just 31-years for Sensex to travel the distance from 1,000 to 60,000

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BSE Sensex has hit all time high record with 60,000 points on Friday (September 24). The topline equity indices on the BSE and National Stock Exchange (NSE) lists ended up having the marginal gains today during early trades. In the first half of the trade sessions, BSE recorded its benchmark with 447.64 spiked points i.e. 0.75 per cent. Sensex made history with hitting the 60,333 points. During this week, the Sensex rallied 1,032.58 points or 1.74 per cent, while the Nifty surged 268.05 points or 1.52 per cent.

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As per the market experts, following could be reasons behind the market rally:

  1. Dollar falling sharply
  2. Evergrande crisis
  3. Market expansions
  4. Global market uncertainties
  5. Halt in US bond yields
  6. Rise in Asian indices
  7. Post COVID-19 market recovery
  8. Political environments

Here’s how BSE officials celebrated the achievement of the benchmark:

It took the Sensex just 166 sessions to gain its latest 10,000 points, compared with the 414 sessions it took to cover the previous 10,000. Owing to the pandemic Coronavirus out the market had recorded the biggest bear trend, however, the market didn’t take much time to showcases an upside rally.

For more such updates, stay hooked on to The Live Mirror.

Also Read:  Market Live: Trading Halted, Sensex, Nifty Plunge Amid COVID-19 Lockdown

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