This is the story of how a single number became the heartbeat of a nation.
Historical data shows that between 2010 and 2013, Information Technology (IT) stocks like TCS, Infosys, and Wipro became the heavyweights. The West was struggling, outsourcing was booming, and the Nifty was buoyed by the export of software services. nifty index historical data
The Nifty Index, also known as the Nifty 50, is a benchmark stock market index in India that represents the performance of the top 50 companies listed on the National Stock Exchange (NSE). Access to historical data on the Nifty Index is essential for investors, researchers, and analysts to analyze market trends, make informed decisions, and backtest investment strategies. In this guide, we will provide an overview of the Nifty Index, its history, and various sources for accessing its historical data. This is the story of how a single
During this phase, the historical data reveals a fascinating trend: the rise of financialization. Private sector banks like HDFC Bank, Kotak Bank, and ICICI Bank began to dominate the Nifty. They replaced the public sector banks and old manufacturing giants. The Nifty Index, also known as the Nifty
However, the late 90s also brought the dot-com bubble. While the US markets were obsessed with internet stocks, the Nifty remained relatively grounded, thanks to regulatory caution and the lack of tech listings in India at the time. Yet, the "Ketan Parekh Scandal" in 2001 shook the market. The Nifty data from this era shows a sharp correction, a painful reminder that the young index was still vulnerable to manipulation and liquidity crises.
– Excellent for most backtesting and analysis, but verify data quality from free sources. For professional trading, pay for a clean, survivorship-bias-free dataset.