Don’t miss the latest developments in business and finance.

Infographic: Nifty hits 10k peak, journey from 9,000 takes 592 trading days

Nifty's shortest 1k rally was from 5,000 to 6,000, in just 24 trading days, on Sep 27, 2017

Photo: Shutterstock
<b> Photo: Shutterstock </b>
Deepak Korgaonkar Mumbai
Last Updated : Jul 25 2017 | 5:19 PM IST
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 1,000-point 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

 
Next Story