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NIFTY @ 10000


Posted on 27-Jul-2017 Comments  0




1996 NIFTY@1000

The NIFTY index was launched in 1996 with the base value of the index set at 1,000.


2004 NIFTY@2000

Investors money in Nifty doubled in nearly eight years as the index touched 2,000 mark for the first time in 2004, the year in which Nifty delivered a nearly 10 per cent return.


2006 NIFTY@3000 

Nifty touched the 3,000 level for the first time in January 2006.


2006 NIFTY@4000

2006 is considered as one of the best years in the hostory of Indian stock markets. Nifty delivered nearly 40 per cent return that year and crossed lamdmarks like 3000 and 4000 amid a global market rally and improvement in corporate earnings growth.



        NIFTY@5000

Nifty crossed 5000 mark for the first time in 2007 amid aggressive buying by foreign and domestic funds. A  rally in the global markets also supported this move.



        NIFTY@6000

Nifty crossed 6000 mark as well in 2007 for the first time. In 2007, Nifty rallied nearly 55 per cent and achieved hit multiple landmarks like 5000 and 6000.



2014 NIFTY@8000


Nifty also crossed the 8000 mark in September 2014 as market participants bet that Prime Minister Narendra Modi will push forward economic reforms.



2017 NIFTY@10000


Smooth initial rollout of GST, good monsoon and hopes of RBI rate cut and earnings recovery propelled Nifty 10000 mark on July 25.







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