Indices extend post-Budget bull run; D-Street's ascent to mount 50,000

The index has given annualized return of 11.5 per cent in the last two decades. We compare the index in 1999, with how it looks at present

The Sensex on Wednesday closed above the 50,000-mark for the first time. On two previous occasions, the index had crossed the landmark intra-day, but had failed to sustain the gains. 

Sensex is a free-float market cap weighted index that tracks the performance of India’s largest 30 firms. The base value for the index was taken as 100 and base year as 1979. The widely tracked index closed above the 5,000-mark for the first time in 1999. The index has given annualized return of 11.5 per cent in the last two decades. We compare the index in 1999, with how it looks