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It comprises 50 of the large and liquid stocks traded on the NSE.
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Here are some of the significant milestones for the Nifty 50Introduction of Nifty 50 :The Nifty 50 index was introduced by the National Stock Exchange of India (NSE) on April 22, 1996.
It provided a benchmark for investors to track the performance of the Indian stock market.Nifty at 2,000:The Nifty scaled the first 1000 points in 8 years.
It touched 2000 on December 2, 2004.Nifty at 3,000:However it took the Nifty a little over a year to scale the next 1000 points from 2000 to 3000.
It hit the 3000 mark on January 30, 2006.Global Financial Crisis:Just like all other key global indices, the index faced a major setback during the global financial crisis in 2008.
It fell significantly, mirroring the impact of the crisis on the Indian economy and financial markets.Crossing 10,000 Points:The Nifty 50 index crossed the significant milestone of 10,000-point mark on July 25, 2017.ai computation across multiple clouds ✌️【365vc.net】✌️Start at ₹500, enjoy reliable and high monthly returns. Your financial growth starts here!