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Saturday, July 29, 2017

NSE’s NIFTY 10000 - Time taken to achieve 1000 level milestones


By on Saturday, July 29, 2017

NSE’s NIFTY 10000 -
Time taken to achieve 1000 level milestones

From its base value of 1000 in November 1995, the NIFTY 50 reached the 2000 mark in December 2004, taking 9.1 years to double.

Thereafter, the journey of NIFTY 50 was swift wherein it reached the 6000 mark in only 2.9 years.

It took another  6.4 years to reach the 7000 mark in May 2014 from 6000 in December 2007.

The 9000 level was achieved in March 2017 which was relatively faster from 7000 level taking only 2.8 years.
 
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The flagship index ‘NIFTY 50’ hit the 10,000 mark on July 25, 2017 taking only 4.3 months to move from 9000 to10000.

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