What was the Nifty in March 2020?

On the other hand, the Nifty 50 index ended at 17,630, up 110 points, or 0.6 per cent, completing its 10,000-point run from its Covid-19 low of 7,610 on March 23, 2020. The Bank Nifty index gained 2.22 per cent ahead of a press briefing by the finance minister.

Will nifty touch 16000?

“We can expect Nifty to touch 16,250 and 16,400 in the coming days. On the lower side 15,950 and 15,880 will act as strong support,” he added. Ranganathan, Head of Research, LKP Securities said the bulls had pulled off the 16,000 mark on the Nifty ‘effortlessly’, buoyed by positive news flow on GST and export data.

What was BSE index in March 2020?

That day, the BSE Sensex hit a low of 25,638.90. ITC with a 39 per cent rise failed to live up to the expectations. Another FMCG stock Nestle India added only 45 per cent during the period. NTPC, Kotak Mahindra Bank, Maruti Suzuki, Bharti Airtel and Power Grid remained some stocks that rose 48-60 per cent.

What is the meaning Nifty?

The Nifty meaning is a derivation from the mix of two words, i.e. “National Stock Exchange” and “fifty”. It is an abbreviation of the National Stock Exchange Fifty. Hence, Nifty is also known as Nifty50 or CNX Nifty. Nifty is a popular stock index. The National Stock Exchange of India introduced it.

How nifty is calculated?

The NIFTY 50 is computed using a float-adjusted, market capitalization weighted methodology*, wherein the level of the index reflects the total market value of all the stocks in the index relative to a particular base period.

What will be the Nifty target for December 2021?

Axis Securities : Nifty target upgraded to 17,400 for December 2021, Anand Rathi: NIFTY will touch 17000 in 2021. BofA Securities expects Nifty to fall 10 percent by December Analysts on an average predict that NIFTY target for December 2021 is 15,908 (last 10 forecasts average). Detailed Predictions are two sections below

When will the Nifty reach 15756?

According to analysts predictions, on 8th April 2021, NIFTY faces a resistance at 14,892 while support is at about 14,552. Analysts also predict that NIFTY will reach 15756 (last 10 forecasts average) by December 2021.

What is the Nifty50 Index weekly outlook and analysis for 2021?

Nifty50 Index Weekly Outlook and Analysis: For the Week: (August 16,2021 – August 20,2021) NIFTY 50 Index closed the week on positive note gaining 290.90 points 1.79\%. Weekly High: 16,543.60 Weekly Low: 16,162.55 Weekly Close: 16,529.10 Weekly Support & Resistance For Nifty Index: RESISTANCE 2 16,792 RESISTANCE 1 16,660 SUPPORT……

Will Nifty hit 17000 by December 2021?

According to NIFTY predictions by analysts on 7th September 2021, NIFTY faces resistance at 17,422 while support is at about 17,192. Axis Securities : Nifty target upgraded to 17,400 for December 2021, Anand Rathi: NIFTY will touch 17000 in 2021. BofA Securities expects Nifty to fall 10 percent by December