It's like an elaborate game of snakes and ladders. There's astarting point, lots of ladders, a few snakes and lots of space forsideways movements. There's also a designated "Home" or finaldestination; but the game still carries on indefinitely, giving everylaggard a chance of catching up with the leaders.
The BSE Sensex has climbed from 3,000 (3,130.46 to be exact; thestarting point of our game) on May 28, 2003 to 7,076.52 on June 21,2005 (the first day the market closed over 7,000). A random samplingshows that during these 25 months, the promoters of India's 50 mostvaluable companies by market capitalisation increased theircollective net worth by a factor of at least …

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