Major Sensex rallies since 2009: Factsheet

On Friday, with BSE Sensex touched 23,000-point mark for the first time ever.

Benchmark equity indices surged to their new highs on Friday, with the Sensex touching the 23,000-point mark for the first time ever, as foreign institutional buying gathered pace on renewed confidence that Bharatiya Janata Party-led NDA’s prime ministerial candidate Narendra Modi will come to power in the on-going general elections.

Following are the last five major BSE Sensex rallies since 2009:

Date: May 4, 2009

BSE Sensex: 12,134.75

Points: +731.50

Gain (%): 6.4

Remarks: Factory output grows for first time in five months, boosting recovery hopes

Date: May 18, 2009

BSE Sensex: 14,284.21

Points: +2,110.79

Gain (%): 17.3

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Remarks: UPA wins general election, contrary to expectations of a fractured Parliament

Date: Sept 10, 2013

BSE Sensex: 19,997.10

Points: +727.04

Gain (%): 3.8

Remarks: India’s trade deficit narrows, rupee appreciates 2.15%

Date: Sept 19, 2013

BSE Sensex: 20,646.64

Points: +684.48

Gain (%): 3.4

Remarks: US Fed delays taper

Date: May 9, 2014

BSE Sensex: 222,994.23

Points: +650.19

Gain (%): 2.9

Remarks: Street turns confident of NDA win and a stable Central government

– fe Bureau | Financial Express

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In Odisha, Modi mounts ‘loot tantra-vs-bachat utsav’ attack on Congress over GST

India2 hr ago

Prime Minister Narendra Modi Saturday hailed the revised Goods and Services Tax (GST) structures, saying the era of “double bachat (saving) and double kamai (income)” has arrived under the Bharatiya Janata Party rule. Addressing the ' Namo Yuva Samabesh' in Jharsuguda, Modi accused the Congress of indulging in “loot tantra (tactics)” while in power.

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