NIFTY 50 Share Price in 1998: Chart, Monthly Trends, & Analysis
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How did NIFTY 50 shares perform in 1998?
Let's find out!
NIFTY 50 share price in 1998 was ₹884.25 Its price on 1st January 1998 was ₹1,078.95, and by 31st December 1998 it moved to ₹884.25, giving a negative return of -18.05% for the year.
NIFTY 50 Share Open, High, Low, and Close prices for the Year 1998 are as follows:
| Open | High | Low | Close |
|---|---|---|---|
| ₹1,078.95 | ₹1,247.15 | ₹800.1 | ₹884.25 |
| 1st Jan 1998 | Occured in Apr 1998 | Occured in Nov 1998 | 31st Dec 1998 |
This page will help you understand how NIFTY 50 performed in 1998. 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 1998
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| Month | NIFTY 50 | Change% | ↑High - ↓Low |
|---|---|---|---|
| Jan | ₹963.45 | - | ↑ ₹1,102.15 ↓ ₹929.05 |
| Feb | ₹1,060.75 | 10% | ↑ ₹1,064.15 ↓ ₹949.65 |
| Mar | ₹1,116.9 | 5.2% | ↑ ₹1,156.7 ↓ ₹1,046.75 |
| Apr | ₹1,159.34 | 3.8% | ↑ ₹1,247.15 ↓ ₹1,117.15 |
| May | ₹1,063.15 | -8.3% | ↑ ₹1,196.7 ↓ ₹1,037.95 |
| Jun | ₹941.65 | -11.5% | ↑ ₹1,100 ↓ ₹853.05 |
| Jul | ₹931.4 | -1.1% | ↑ ₹1,015.55 ↓ ₹895.85 |
| Aug | ₹852.8 | -8.5% | ↑ ₹930.8 ↓ ₹830.15 |
| Sep | ₹904.95 | 6.1% | ↑ ₹945.25 ↓ ₹832.05 |
| Oct | ₹824.55 | -8.9% | ↑ ₹904.75 ↓ ₹803.3 |
| Nov | ₹817.75 | -0.9% | ↑ ₹882.1 ↓ ₹800.1 |
| Dec | ₹884.25 | 8.1% | ↑ ₹903.85 ↓ ₹812.25 |
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 1998?
In 1998, the opening price of NIFTY 50 share was ₹1078.95. Today, the price stands at ₹23,746.9, reflecting a growth of 2,100.92%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 1998 would have become ₹2.2 Lakh by 2024. This represents a CAGR of 12.63%.
You might also like to check: NIFTY 50 Stock Price in 1997 or NIFTY 50 Stock Price in 1999
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.
