Monday, December 31, 2007

Sensex ends 2007 with gain of 47%...

The main index of the Bombay Stock Exchange, the Sensex, ended the year today with a gain of 47.1% in 2007. In absolute terms, the surge of 6,500 points in 2007 is the highest-ever in over two decades of history of the Sensex. When it comes to percentage gain, the highest was recorded in 2003 when the index gained 73%.

The Sensex stood at 13,786.91 points at the end of 2006, and closed the year 2007 at 20,286.99 points today. It crossed seven thousand-point milestones - from 14,000 to 20,000 - during the year, which is the maximum for a year.

The surge of 47.1% in 2007 is higher than the 46.7% gain in 2006 when the Sensex had gained 4,388 points.

The Sensex had risen 42.3% in 2005 and 13.1% in 2004. In absolute terms, the Sensex had moved up by about 2,800 points and 765 points in 2005 and 2004, respectively. In 2003, when the Sensex soared 73%, it had gained 2,461 points in absolute terms.

The market capitalisation of all listed companies rose by more than Rs 35,00,000 crore to Rs 71,69,983.31 crore at the end of 2007.