Infographic: Nifty hits 10k peak, journey from 9,000 takes 592 trading days
STOCK MARKET - The Nifty50 index on July 25 hit the 10,000 mark in intra-day deals, for the first time ever. It took 592 trading days for the index to scale 1,000 points from the 9,000 level to hit 10,000. The shortest 1,000point rally, however, was when the index had hit the 6,000 mark on September 27, 2007, taking just 24 trading days to rise from 5,000 to the 6,000 level. The NSE had launched its flagship 50-share index on April 21, 1996 with
a base value of 1000, and 1995 as the base year. Then called the CNX Nifty, the index was renamed in 2015 as Nifty50. Nifty IN 10K Club ( Intraday)
Date
Nifty
Date
Nifty
Trading Days
11/3/1995
1000.9
1/9/2004
2014.7
2031
1/9/2004
2014.7
1/30/2006
3002.2
517
1/30/2006
3002.2
12/1/2006
4001.3
212
12/1/2006
4001.3
9/27/2007
5016.4
204
9/27/2007
5016.4
11/1/2007
6012.0
24
11/1/2007
6012.0
5/12/2014
7020.1
1617
5/12/2014
7020.1
9/1/2014
8035.0
77
9/1/2014
8035.0
3/3/2015
9008.4
122
3/3/2015
9008.4
7/25/2017
10011.3
592
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ARTICLE SOURCE – BUSINESS STANDARD