The Sensex crossed the 1,000 mark in 1990, on the back of good monsoon and upbeat corporate results. During this period, Sensex grew at a CAGR of 23.28%.
Journey to 5,000
It took nearly a decade for the Sensex to move to the crucial 5,000-mark. The Sensex crossed the 5,000 mark on December 30, 1999.
The Sensex doubled to hit the 10,000-mark, in less than 6 years in 2006. Sensex scaled the 5 figure-mark for the first time ever. Interestingly, the 10,000-mark also represents a 100 times growth in a span of 27 years, implying a CAGR of 18.60%.
Stellar growth to 20,000
Next 10,000 points came in just 18 months. On October 29, 2007 Sensex topped the crucial 20,000 mark.
The fall after crisis
While the growth had been stellar thus far, the Sensex could not hold on and plunged to less than 8,000. In October 2008, the Sensex also went below 7,700-mark for a short while.
Sensex rebuilds to 25,000
Sub-prime crisis (2008-09) was a major setback to the index, the Sensex successfully rebuilt from the lows of 2008, to surge past the crucial 25,000-mark in 2014, after BJP stormed to power.
Robust rally to 30,000
Sensex spurred to cross the 30,000-mark backed by global liquidity provided by central banks of major economies in less than a year. The Sensex gained past the 30,000-mark in March 4, 2015, less than one year after it had hit the 30,000-mark.
Journey to 38,000
Sensex crossed the 38,000-mark for the first time ever in August 2018. Primarily, on account of India’s economic growth expectations. Interestingly, the 8,000 point gain took less than four years.
Record high of 39,000
The 30-share index moved beyond the 39,000-mark on April 1, 2019, on its 40th birth anniversary. In effect, in the last 40 years, the Sensex has risen 560 times. The stellar growth works out to a CAGR of more than 16%.