NIFTY 50 Share Price in 1997: Chart, Monthly Trends, & Analysis
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How did NIFTY 50 shares perform in 1997?
Let's find out!
NIFTY 50 share price in 1997 was ₹1,079.4 Its price on 1st January 1997 was ₹905.2, and by 31st December 1997 it moved to ₹1,079.4, giving a positive return of 19.24% for the year.
NIFTY 50 Share Open, High, Low, and Close prices for the Year 1997 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹905.2 | ₹1,297.09 | ₹905.2 | ₹1,079.4 |
| 1st Jan 1997 | Occured in Aug 1997 | Occured in Jan 1997 | 31st Dec 1997 |
This page will help you understand how NIFTY 50 performed in 1997. Let's get started.
For complete insights into NIFTY 50’s incredible stock price performance and growth, see: NIFTY 50 Historical Share Price Data from its IPO to 2024
Table: NIFTY 50 Share Monthly Close, Low, High Prices for 1997
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| Month | NIFTY 50 | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹972.65 | - | ↑ ₹1,085.75 ↓ ₹905.2 |
| Feb | ₹998.65 | 2.6% | ↑ ₹1,024.3 ↓ ₹944.2 |
| Mar | ₹968.3 | -3.1% | ↑ ₹1,167.95 ↓ ₹966.8 |
| Apr | ₹1,079.84 | 11.5% | ↑ ₹1,088.4 ↓ ₹931.5 |
| May | ₹1,050.9 | -2.7% | ↑ ₹1,074.7 ↓ ₹1,018.15 |
| Jun | ₹1,192.4 | 13.4% | ↑ ₹1,194.75 ↓ ₹1,051.05 |
| Jul | ₹1,221.5 | 2.4% | ↑ ₹1,252.7 ↓ ₹1,153.75 |
| Aug | ₹1,105 | -9.6% | ↑ ₹1,297.09 ↓ ₹1,098.9 |
| Sep | ₹1,123.8 | 1.7% | ↑ ₹1,168.34 ↓ ₹1,079.59 |
| Oct | ₹1,085.25 | -3.5% | ↑ ₹1,192 ↓ ₹1,028.2 |
| Nov | ₹1,023.95 | -5.7% | ↑ ₹1,097.05 ↓ ₹971.2 |
| Dec | ₹1,079.4 | 5.4% | ↑ ₹1,083.34 ↓ ₹943 |
Chart: CandleStick and Line Chart Showing Monthly Prices
[Click on line name to show/hide a line]
What if You invested ₹10,000 in NIFTY 50 in 1997?
In 1997, the opening price of NIFTY 50 share was ₹905.20. Today, the price stands at ₹23,746.9, reflecting a growth of 2,523.38%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1997 would have become ₹2.62 Lakh by 2024. This represents a CAGR of 12.86%.
You might also like to check: NIFTY 50 Stock Price in 1996 or NIFTY 50 Stock Price in 1998
References:
Stock prices on stockpricearchive.com are gathered from reliable sources only. We take prices from stock exchanges only, majorly from BSE and NSE.
Disclaimer: Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice.
