Hi Freaks…
Even if you are a little bit associated with the share market of India… than you might be knowing about this year 2008 market (Share Market).
Years 2008 was very bad year for Indian Share Market or it was a bad year for Sensex and Nifty. Sensex fall down from 21206 Sensex (Indian Historical High of Sensex) to 16000 Sensex in a single month January 2008. In the month of October 2008 it is all ready crossed the support of 8000 Sensex.
Let’s have little introduction of BSE India (Bombay Stock Exchange) for the new comers as well as for the old players (Gurus) of the Share Market.
BSE India is the oldest stock exchange in the Asia Pacific. It was formed in the year 1875 as a Native Share and Stock Broker Association in Bombay (Mumbai). It was a place known as Dalal Street in Bombay. It was started with the 318 persons becoming members of it.
I come across many books and records, about the Bombay Stock Exchange(BSE) and National Stock Exchange(NSE) of India. Below I would like to give a detailed date and year wise break down points and history of BSE Sensex, starting from 1000 points and going to the 21000 points and coming back to 7000 points…. and still counting….
1,000 Sensex – 25 July 1990
2,000 Sensex – 3 January 1992
3,000 Sensex – 29 February 1992
4,000 Sensex – 30 March 1992
5,000 Sensex – 8 October 1999
6,000 Sensex – 11 February 2000
7,000 Sensex – 20 June 2005
8,000 Sensex – 8 September 2005
9,000 Sensex – 28 November 2005
10,000 Sensex – 6 February 2006
11,000 Sensex – 21 March 2006
12,000 Sensex – 20 April 2006
13,000 Sensex – 30 October 2006
14,000 Sensex – 5 December 2006
15,000 Sensex – 6 July 2007
16,000 Sensex – 19 September 2007
17,000 Sensex – 26 September 2007
18,000 Sensex – 9 October 2007
19,000 Sensex – 15 October 2007
20,000 Sensex - 29 October 2007
21,000 Sensex - 8 January 2008 This is the historical date of Indian Share Market
20,000 Sensex – 8 January 2008 From this date Sensex started to drop downward.
19,000 Sensex – 16 January 2008
18,000 Sensex – 18 January 2008
17,000 Sensex – 21 January 2008
16,000 Sensex – 21 January 2008
15,000 Sensex – 22 January 2008
14,000 Sensex – 17 March 2008
13,000 Sensex – 24 June 2008
12,000 Sensex – 01 July 2008
11,000 Sensex – 06 October 2008
10,000 Sensex – 08 October 2008
9,000 Sensex – 17 October 2008
8,000 Sensex – 27 October 2008 This is Up to the date record of BSE Sensex while I am writing this post… and it is still counting……..
Here you have seen the whole journey of Indian Share Market from the point 1,000 Sensex to the point 21,000 and again from point 21,000 Sensex to the point 8,000 Sensex.
Now you will realize that, it will be No New if Sensex comes to 6,000 points or 7,000 points or it goes to 21,000 points again in feature.
There is only thing that, many new people(Investor) came into the share market when BSE Sensex was between 8,000 and 21,000 points. They have not seen the level of 4,000 and 6,000 points of BSE Sensex.
So it is natural to come into the pressure…
My only suggestion to the investor is that, to BE COOL in the Share Market or about the Share Market… any thing can happen in this sector… Never Never borrow from others, to invest in the Share Market. Every time only invest 25% from your kept money.
My best wishes to the Indian Share Market BSE and NSE, and also to the investors in BSE and NSE.
Read my other post about BSE and NSE Desktop Free Widget or Software Download Click Below Link.
http://www.searchfreak.blogspot.com/2008/09/bse-sensex-gadget-widget-for-desktop.html
For more information about BSE and Share Market visit below links.
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At first Chandrayaan-1 would reach a highly elliptical orbit, after encircling the earth for a while, the spacecraft is taken into two more elliptical orbits whose apogees lies still higher at 37,00 Km. and 73,000 Km. respectively. This all will be done at very precise moment by firing the spacecraft’s Liquid Apogee Motor (LAM) when the spacecraft is near perigee. Subsequently LAM will be fired to take the spacecraft to a high orbit whose apogee lies at about 387,000 Km. when the Chandrayaan-1 will reach the vicinity of the Moon, the spacecraft will be oriented in a particular way and its LAM will be fired again, this will slow down the spacecraft sufficiently to enable the Gravity of the Moon to acquire into an elliptical orbit. It will map the Moon from a distance of approximately 100 Km.
The Chandrayaan-1 will take 5 ½ day to reach the Moon.
Actually I am little more excited as it is, only 15 minuets remaining to start the last countdown and I am going to see the Live launching of Chandrayaan-1 on my TV Set.
In my next post I will publish further more details about the mission, goal, achievements, and construction of Chandrayaan-1. I think all Science freaks may be watching this event.