Just a day after India’s stock market reached Rs 400 trillion in combined market capitalisation of all BSE-listed firms, the Sensex hit the 75,000-mark for the first time on April 9. NSE Nifty 50 also rose above 22,750 to hit a new high.

The Sensex was up 382 points at 75,124.28 at open. The latest 5,000-point run in the index came in just 82 days. Earlier, Sensex had crossed the 70,000 mark in December 2023. It has gained over 25 percent in the last one year, and over 14 percent in the last six months.

There are numerous factors driving this growth in the markets. A robust domestic economy, GDP growth, and also the factors led by credit growth and policy continuity are some of the key reasons, according to Kranthi Bathini, Director, Equity Strategy, WealthMills Securities.

Around the globe, there are 64 countries going for election this year. India is the clear-cut winner, as there is greater clarity on policy continuity among the investors,” he said.

The Sensex hit the 5,000 mark for the first time in the year 1999, after which it took almost 1,588 days (more than 4 years) to double to the 10,000 mark.