The Live Price Charts provide complete data on hundreds of different instruments, including currencies, indices, stocks, commodities and PCI. What sensex achieved in eleven years Dow took sixty two years for the similar rise i.e. from 100 to 1000. The journey of Dow Jones Industrial Averagefrom 1000 to 2000 took sixteen long years (1956-72).Here Indian stock market had grown eight times faster than the stock market of US. This time Dow Jones was relatively faster in comparison to its own previous records but still took time double to its counterpart.
It could able to reach it in 1999-2000, in five long years where as Dow completed this journey faster than Sensex in only 3 years (1991-1994). Dow Jones was at 8235 on the same day that was 3.2 times higher than that of Sensex. As of today, while writing this hub, Dow is trading near 8600 and sensex has closed at 9690 i.e. more than one thousand points above Dow Jones.
So whether it is a bull market or a bear, Sensex runs much faster than Dow Jones. Both the stock markets gained in bull markets and lost in bear markets but Sensex performed far better than Dow did over all. Dow could not be able to double in fifteen years where as Sensex managed a steep rise of almost forty times in the same period (3975 in 1994-95 from hundred points in base year 1979-80) before tasting its first bear market. Moreover, whenever sensex fell, it managed to regain its previous status sooner than Dow Jones.
Dow Jones has gained only four hundred points or five percent so far in last seven years i.e. from 9/11 2001 but BSE Sensex has gained seven thousand three hundred points or two hundred seventy five percent. I have been posting updates for both stock markets of America and India in a separate hub. BSE Sensex has performed far better in last twenty to twenty five years than Dow Jones. It seems from the history of both Sensex and Dow Jones that investing in Indian equity market is better than to invest in American stock market.
Even the recent updates show that BSE is performing better than Dow Jones despite revival of US economy. I would be much richer if i had invested in BSE Sensex stocks than in Dow Jones. The Dow Jones is commonly traded as the E-mini Dow Futures (YM), the DJIA Futures (DJ), and the Big Dow DJIA Futures (DD). Last night抯 Dow surge and this morning抯 Chinese rebound leading to a positive open for the European indices. A spreads account would also let you speculate on short-term daily Dow Jones markets.