Performance of NIFTY 50 & India GDP
Growth Rate..!
NIFTY 50 & GDP growth
rate
Growth rate of India’s GDP is fairly captured in the
growth story of NIFTY 50. Over the years, In-dia has been one of the fastest
growing large economies of the world which is also reflected in the rise of
NIFTY 50 Index.
NIFTY 50
values as on financial year end & on days of reaching multiples of 1000
levels and GDP growth rate for respective financial year.
Beginning FY 2003-04, Indian economy
was in a boom phase driven mainly by investments until it was disrupted by the
global financial crisis of 2008.
Large fiscal stimulus helped spur the growth
process and so India began to recover much before most economies of the world.
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Recovery had been hampered by
temporary shock in 2016-2017, while
since beginning of 2017-18, market has picked momentum primarily on back of
introduction of GST & many other reforms introduced by the Government of
India (GIO).
The 10000 milestone that NIFTY 50 has reached is a faithful
representation of India’s growth prospects.
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