Nifty at 18,000: Nifty50's journey from 6,000 to 18,000; check history and major milestones
The Nifty50 Index scripted history by hitting the 18,000-mark in the intraday trade on Monday for the first time ever.
The Nifty50 Index scripted history by hitting the 18,000-mark in the intraday trade on Monday for the first time ever. The 50-share index got major support from auto and power stocks as the Nifty50 top gainers around 11 have remained the shares from these two spaces. Tata Motors, Coal India, NTPC, Maruti and Power Grid soared maximum to push the index beyond the 18,000-mark.
Tata Motors was the index topper with nearly 8% jump in the share price on intraday basis on Monday during filing of the report. IT and telecom shares, however, continued to drag the index on a day that saw Nifty50 creating history. TCS, Tech Mahindra, Bharti Airtel, Wipro were among the losers.
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Meanwhile, the S&P BSE Sensex is also up 0.56% at 60,393.68, up 334.62 points amid the Nifty-50 story today.
As Nifty50 saw a major landmark on Monday, here is the journey of the 50-share index from the 6,000-mark to record the 18,000-mark
Nifty 50 landmarks Dates Days
6000 1st Nov 2007 -------
7000 12th May 2014 2384 (from 6000 to cross 7000 took 2384 days)
8000 1st September 2014 112
9000 3rd March 2015 183
10000 25th July 2017 783
11000 23 Jan 2018 182
12000 23 May 2019 485
13000 24 Nov 2020 551
14000 31 Dec 2020 37
15000 5th Feb 2021 36
16000 3 August 2021 179
17000 31 August 2021 28
18000 11 October 2021 41
Source: According to Zee Business TV report
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