Two years ago around this time, Sensex crossed a crucial milestone of 85,000 for the first time ever amid an unstoppable bull market. But the bulls soon lost the momentum, with Sensex now down more than 12% from the mark to trade below 75,000 today.
Sensex’s journey to cross 85,000 for the first time ever on September 24, 2024 saw the benchmark index sprinting across milestones amid multiple tailwinds. In just five months after hitting 75,000 for the first time, Sensex sprinted 10,000 points to cross the milestone following the US Federal Reserve's 50-basis point rate cut.