Nifty 50 up 7 percent in 20 sessions
Nifty 50 moved to 17,000 points from 15,885 points in just 20 trading sessions by rising 7 percent.
Aug 31, 2021
Credit: BCCL
These are some interesting data points behind Nifty’s record rally
Credit: BCCL
Fastest ever 1,000 point gain
This is the fastest ever 1,000 point gain for the 50-stock index, according to CNBC-TV18.
Credit: Pixabay
Most stocks up in August
Nifty 50 has surged 15 percent with six straight monthly gains. 38 stocks out of the 50 are up in August.
Credit: Pixabay
Nifty 50 gains 21 percent in 2021
Nifty 50 has gained more than 21 percent so far this year, the best first eight months since 2017 when the index surged 28.65 percent, according to BloombergQuint.
Credit: Pixabay
Stocks up 15 percent
Bajaj Finance, Bajaj Finserv, Tech Mahindra, TCS and HUL are top 5 contributors to the historic move. Each of these are up over 15 percent in Aug.
Credit: BCCL
Nifty IT index up 14 percent in August
Nifty IT index, comprising stocks like TCS, Infosys, HCL Tech, Tech Mahindra and Wipro is up 14 percent in August.
Credit: Pixabay
Rally fuelled by foreign investors
The rally this week has been fuelled by the return of foreign investors who have turned net buyers this week, for shares worth over ₹1,500 crore including cash and options.
Credit: BCCL
Foreign Institutional Investors
Foreign institutional investors were sellers for the better of 2021. They have net sold shares worth ₹3,070 crore until Aug 27.
Credit: BCCL
Foreign Institutional Investors
For the same period last year, Jan 1 to Aug 27, foreign investors were net buyers to the tune of over ₹8,000 crore.
Credit: BCCL