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Nifty 7000 | Portfolio Yoga

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Nifty 7000

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If measured in terms of time taken for Nifty to climb the 1000 points from 6000, this has been the 2nd longest since Nifty started in 1996.

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The first 100 point move was the start of the massive bull rally we saw in 2003 – 2007. Will this be the starting point of another bull rally? Time shall tell for sure though

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2 Responses

  1. Pradeep N says:
    12th May 2014 at 9:54 am

    Hey Prash,

    Surely, we can calculate the points wise rise, i think the table will make sense more if it is % wise.

    1k to 2k is 100% rise and 6k to 7k is only 16%.

    Best,
    P.

    Reply
    • Prashanth says:
      12th May 2014 at 1:04 pm

      Agree. Did not put % since as Nifty moves higher, difficult if not impossible to beat % move of lower levels 🙂

      Reply

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