new Delhi. Today the stock market crossed 47 points for the first time. The special thing is that on March 23, the stock market was at its lowest level. After which the market has seen a boom of 90 percent. Which can be called the biggest and fastest recovery in history. Whereas during the recession of 2008, 92% recovery was found after 12 months from Lowest. On the other hand, since October 30, BSE has seen an increase of Rs 28,00,573.29 crore in the market so far.
Also read: Fastest 27 days of stock market history, Sensex gained 6533 points
Stock market has crossed 47 thousand
Today, the major index of the stock market Sensex reached the level of 47 thousand for the first time. If compared with November, the Sensex has gained 7411.95 points in 34 days. While the National Stock Exchange’s major index Nifty 50 has jumped by 2129.05. If the Sensex is compared to the lowest level of March ie 25,638.90, then there is an increase of 90%. While the Nifty has recovered 88 percent at present compared to 7500 points.
Fastest recovery in history in the market
| year | Peak day | The day of the lowest | Peak to Lowest (in percent) | Recovery in one month (in percent) | Recovery in 3 months (in percent) | Recovery in 6 months (in percent) | Rivakari in 12 months (in percent) |
| June to December 1996 | 13 June 96 | 4 December 96 | -33 | 18 | 42 | 35 | 28 |
| August 97 to January 98 | 5 August 97 | 29 January 98 | -26 | 13 | 22 | -3 | 3 |
| April to November 98 | 2 April 98 | 28 November 98 | -30 | 9 | 16 | 35 | 73 |
| February to May 2000 | 11 February 2000 | 25 May 2000 | -30 | 22 | 12 | 1 | -4 |
| February to September 01 | 15 February 01 | 21 September 01 | -40 | 14 | 24 | 35 | 14 |
| January to May 04 | 14 January 04 | 17 May 04 | -30 | 8 | 15 | 35 | 43 |
| May to June 06 | 10 May 06 | 14 June 06 | -30 | 19 | 29 | 46 | 58 |
| January to October 08 | 8 January 08 | 27 October 08 | – 60 | 9 | 6 | 38 | 92 |
| November 10 to December 11 | 5 November 10 | 20 December 11 | -28 | 10 | 16 | 13 | 30 |
| May to August 2013 | 17 May 2013 | 28 August 2013 | -15 | 10 | 15 | 17 | 15 |
| March 15 to February 16 | 3 March 15 | 25 February 16 | -23 | 11 | 14 | 24 | 28 |
| August to October 18 | 28 August 18 | 6 October 18 | -15 | 5 | 8 | 17 | 15 |
| January to March 20 | 14 January 20 | 23 March 20 | -38 | 22 | 36 | 70 | 90 (9 months) |
Sensex situation since November
– Sensex reaches 46 to 47 thousand points in 7 trading sessions
Sensex reached 45 to 46 thousand points in three trading sessions.
– Reached 44 to 45 thousand points in 12 trading sessions.
– Sensex took four trading sessions to reach 43 to 44 thousand mark.
– Sensex reached 40 to 43 thousand points in 5 trading sessions.
– Sensex reached 39 to 40 thousand points in three trading sessions.
Also read: Indian stock market flat amidst boom in foreign markets, passion in IT and tech sector
This kind of boom was seen in Nifty 50
– 24 days to reach 12 thousand to 13 thousand digits.
– 10 days to reach 13 thousand to 13500 marks.
– 7 days to reach 13750 points from 13500 marks.
– 7 days to reach 13 thousand to 13250 digits.
– 3 days to reach 13250 to 13500 digits.
– It took 77 days to reach 12 thousand digits from 11 thousand digits.
What do you know
According to Ajay Kedia, director of Kedia Advisory, the fastest recovery has been seen after the fall in the stock market in 2020. Nearly 90 percent recovery has been achieved in just 9 months. Whereas in 2008 12 percent growth was seen in 12 months. The market is still fast. In such a situation, more than 100 percent recovery can be seen in the next three months. At the same time, according to market expert Anuj Gupta, there will be a boom in the stock market. It is possible that this year the market should touch the level of 49 to 50 thousand. In such a situation, two weeks is very important for the market.
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