In this article, you will find the details of Nifty 50 share price history. Additionally, we will provide important details about Nifty 50. I hope this nifty share price history will help you to make investment decisions.
Nifty 50 Share Price History
| Year | NIFTY 50 | YOY Change% |
|---|---|---|
| 1995 | ₹908.53 | – |
| 1996 | ₹899.10 | -1.1% |
| 1997 | ₹1079.40 | 20% |
| 1998 | ₹884.25 | -18.1% |
| 1999 | ₹1480.45 | 67.4% |
| 2000 | ₹1263.55 | -14.7% |
| 2001 | ₹1059.05 | -16.2% |
| 2002 | ₹1093.50 | 3.2% |
| 2003 | ₹1879.75 | 71.9% |
| 2004 | ₹2080.50 | 10.6% |
| 2005 | ₹2836.55 | 36.3% |
| 2006 | ₹3966.40 | 39.8% |
| 2007 | ₹6138.60 | 54.7% |
| 2008 | ₹2959.15 | -51.8% |
| 2009 | ₹5201.05 | 75.7% |
| 2010 | ₹6134.50 | 17.9% |
| 2011 | ₹4624.30 | -24.7% |
| 2012 | ₹5905.10 | 27.6% |
| 2013 | ₹6304.00 | 6.7% |
| 2014 | ₹8282.70 | 31.3% |
| 2015 | ₹7946.35 | -4.1% |
| 2016 | ₹8185.80 | 3% |
| 2017 | ₹10530.70 | 28.6% |
| 2018 | ₹10862.55 | 3.1% |
| 2019 | ₹12168.45 | 12% |
| 2020 | ₹13981.75 | 14.9% |
| 2021 | ₹17354.05 | 24.1% |
| 2022 | ₹18105.30 | 4.3% |
| 2023 | ₹22183.15 | 22.5% |
In 1995, it was ₹908.53. The next year, it went down a little to ₹899.10, which was a decrease of 1.1%. Then in 1997, it saw a big increase, going up to ₹1079.40, which was a 20% jump. However, in 1998, it went down again to ₹884.25, a decrease of 18.1%.
The following years showed various ups and downs. In 2009, it had a significant increase, reaching ₹5201.05, which was a 75.7% rise. The year 2011 saw a dip, with the NIFTY 50 at ₹4624.30, a decrease of 24.7%. But in 2017, there was a substantial increase again, going up to ₹10530.70, a rise of 28.6%. The most recent data for 2023 shows a value of ₹22183.15, which is a 22.5% increase from the previous year.
Also Read: ICICI Bank Share Price History (1997 to 2023)
Also Read: Tata Motors Share Price History from 1990
About Nifty 50
The Nifty 50 is a special group of 50 major companies listed on the stock exchange in India. These companies are chosen because they represent a wide range of industries and are considered to be leaders in their fields. When people talk about the Nifty 50, they are referring to the overall performance of these top companies, which gives a good idea of how the stock market in India is doing.
Investors pay close attention to the Nifty 50 because it helps them understand the trends in the Indian economy. If the Nifty 50 is going up, it generally means that the economy is doing well, and businesses are thriving. On the other hand, if it’s going down, it might suggest that there are challenges or uncertainties in the economy. So, the Nifty 50 is like a window that gives us a view into the health of the Indian business world.
(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)
Questions and Answers about Nifty 50
What is the Nifty 50?
The Nifty 50 is a select group of 50 prominent companies listed on the Indian stock exchange. These companies are chosen for their significance in various industries, making them key indicators of the Indian stock market’s performance.
How has the Nifty 50 evolved over the years?
The Nifty 50 has seen fluctuating values over the years. In 1995, it stood at ₹908.53 and experienced both ups and downs. Notably, in 2009, it soared to ₹5201.05, marking a 75.7% increase. The Nifty 50’s most recent data for 2023 shows a value of ₹22183.15, a 22.5% increase from the previous year.
Why do investors closely monitor the Nifty 50?
Investors keep a keen eye on the Nifty 50 because it provides valuable insights into the performance of the Indian economy. If the Nifty 50 is on an upward trend, it generally signals a thriving economy and successful businesses. Conversely, a downward trend may suggest economic challenges or uncertainties.
What are some significant milestones in the Nifty 50’s history?
In 1997, the Nifty 50 experienced a substantial increase, reaching ₹1079.40, representing a 20% jump. Conversely, in 2008, it witnessed a significant drop to ₹2959.15, a staggering 51.8% decrease. These milestones reflect the volatility and resilience of the Indian stock market.
How does the Nifty 50 impact investment decisions?
The Nifty 50 plays a crucial role in guiding investment decisions. It serves as a barometer for the overall health of the Indian business landscape. When the Nifty 50 is on an upward trajectory, it instills confidence in investors, indicating a robust economy. Conversely, a declining Nifty 50 might lead investors to reevaluate their strategies due to potential economic challenges.
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