NIFTY 50 Share Price in 2008: Chart, Monthly Trends, & Analysis
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How did NIFTY 50 shares perform in 2008?
Let's find out!
NIFTY 50 share price in 2008 was ₹2,959.15 Its price on 1st January 2008 was ₹6,136.75, and by 31st December 2008 it moved to ₹2,959.15, giving a negative return of -51.78% for the year.
NIFTY 50 Share Open, High, Low, and Close prices for the Year 2008 are as follows:
Open | High | Low | Close |
---|---|---|---|
₹6,136.75 | ₹6,357.1 | ₹2,252.75 | ₹2,959.15 |
1st Jan 2008 | Occured in Jan 2008 | Occured in Oct 2008 | 31st Dec 2008 |
This page will help you understand how NIFTY 50 performed in 2008. 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 2008
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Month | NIFTY 50 | Change% | ↑High - ↓Low |
---|---|---|---|
Jan | ₹5,137.45 | - | ↑ ₹6,357.1 ↓ ₹4,448.5 |
Feb | ₹5,223.5 | 1.6% | ↑ ₹5,545.2 ↓ ₹4,803.6 |
Mar | ₹4,734.5 | -9.4% | ↑ ₹5,222.8 ↓ ₹4,468.55 |
Apr | ₹5,165.89 | 9.1% | ↑ ₹5,230.75 ↓ ₹4,628.75 |
May | ₹4,870.1 | -5.8% | ↑ ₹5,298.85 ↓ ₹4,801.89 |
Jun | ₹4,040.55 | -17.1% | ↑ ₹4,908.8 ↓ ₹4,021.7 |
Jul | ₹4,332.95 | 7.2% | ↑ ₹4,539.45 ↓ ₹3,790.2 |
Aug | ₹4,360 | 0.6% | ↑ ₹4,649.85 ↓ ₹4,201.85 |
Sep | ₹3,921.2 | -10.1% | ↑ ₹4,558 ↓ ₹3,715.05 |
Oct | ₹2,885.6 | -26.5% | ↑ ₹4,000.5 ↓ ₹2,252.75 |
Nov | ₹2,755.1 | -4.6% | ↑ ₹3,240.55 ↓ ₹2,502.9 |
Dec | ₹2,959.15 | 7.4% | ↑ ₹3,110.45 ↓ ₹2,570.69 |
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 2008?
In 2008, the opening price of NIFTY 50 share was ₹6136.75. Today, the price stands at ₹23,746.9, reflecting a growth of 286.96%. If we applying the same growth to your investment of ₹10,000 then, your investment of ₹10,000 in 2008 would have become ₹38,696.21 by 2024. This represents a CAGR of 8.83%.
You might also like to check: NIFTY 50 Stock Price in 2007 or NIFTY 50 Stock Price in 2009
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.