One must analyse the past to arrive at some logical conclusions as History repeats itself and one can learn from these present cues to predict the happenings in future. The key features of Sensex and its performance in Samvat 2067 is as listed below.
- The Bombay Stock Exchange (BSE) benchmark index, 30-scrip Sensex, has reported its second biggest fall in past one decade in a Samvat year.
- The benchmark index lost 17.4% in Samvat 2067 - was the second worst year
owing to net outflow by the foreign investors on concerns of slowdown in global
economy. In Samvat 2064 the Sensex recorded a 55.4% fall in the backdrop of a global credit crisis. The total investor wealth, measured in terms of cumulative market value of all listed companies, plummeted by Rs 16.52 lakh crore and stood at Rs 6,088,376 crore at the end of today's trade. - As per stock exchanges data, the foreign institutional investors (FIIs) have pulled
out equity shares net amounting of Rs 23,636 crore from Indian market in Samvat
2067, amid concerns that higher interest rates and global economic slowdown will
restrict corporate profit growth. - One out of two actively traded stocks from the BSE-500 index, which accounts 94%
of the total market captialisation, have lost one-fourth of their values during the period. There are 122 stocks in the BSE-500 that have declined by over 50 per cent each over their closing prices at the end of Samvat 2066 (November 5, 2010). - These big losers are from sectors such as aviation, telecom equipment, shipping,
constructions, sugar and term lending financial institutions. The least affected stocks
are from consumer durables, fast moving consumer goods, automobiles and textiles.
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