Youngster & Sensex.
Journey of
Life of an youngster and Indian Stock market (BSE Sensex Index)
1981 - My dad took decision to get married in 1982.
SenSex = 173
1983 - I was born and also Indian cricket team
winning world cup. SenSex = 212.
1984 - Indira Gandhi shot dead & Bhopal Gas
tragedy. SenSex = 245
1989 - hung parliament with Congress outside
support. SenSex = 714.
1991 - Rajiv Gandhi assassination. SenSex = 1168
1992 - Indian economy opening up. Dream budget by
MMS.
Harshad Mehta Scam. SenSex = 4285.
1993 - Bombing in mumbai. Also at BSE bldg. Riots
all over. SenSex = 2281.
1996 - Indian stock mkt goes digital with NSE's new
trading platform. SenSex = 3367.
1999 - NDA coming to power with Atal Bihari
Vajpayee as PM. SenSex = 3740.
2000 - Technology boom. Sensex = 5001.
2001 - Gujarat earthquake. SenSex = 3640.
2003 - Big bull run start in Dalalb Street. SenSex
= 3049.
2004 - UPA coming to power with Left party support.
SenSex = 5591.
2006 - Sensex conquering 10000.
2007 - Sensex conquering 20000.
2008 - Sensex falling after touching high of 21200.
Crude oil rising upto $ 147.
2009 - Sub-prime crisis in USA bring financial
instability world wide. Sensex = 9568.
2010 - Satyam scam, Common wealth scam, Telecom
scam. Sensex = 17590.
2013 - Young RaghuRam Rajan appointed RBI governer.
SenSex = 18835.
2014 - BJP alone cinquring 283 seats in Loksabha
and NDA coming to power with 330 seats. SenSex = 25000.
2015 - Sensex = 30000.
- - -- - - - - - - - - - - - - - - - - - - - - - -
- - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - -- -
From 1981 till date it is clear that in all
adversity & prosperity I & SenSex have grown. But during this period I
have grown 32 times & at the same time SenSex have grown 173 times.
Surely there have been downside also. But sooner or
Later that downside have always been overcomes.
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Moral :- Be a systematic & disciplined investor.
Because as age grows investment are also sure to grow.
( SenSex figure are as on 31-mar of that particular
year)
Save in Equities, Save Wisely, Save regularly,
Invest Smartly. !!
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Author:-
AFP Chirag R Sanghavi.
AFP Chirag R Sanghavi.
(Source:- Various Website)
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