As India’s heartbeat index, the Sensex marks 40 years after its launch, the idea behind it was forward-looking at a time when the economy was largely inward-looking and market participation was limited and manual, Sebi Chairman Tuhin Kanta Pandey said on Friday.The index evolved along with the economy as India liberalized and integrated with global […]
Dalal Street’s benchmark BSE Sensex has delivered one of the most spectacular wealth creation stories in modern financial history, rising from a modest 549 points at its launch in January 1986 to a lifetime peak of 86,159 this month, when the company turns 40 on New Year’s Day. The stunning 15,594% return has transformed what […]