The Nifty 50, India’s beloved stock index, has achieved a significant milestone by reaching the historic 20,000 mark today. Its remarkable journey over the past 27 years, starting from its initial value of 1,000, serves as a testament to the trust bestowed by both Indian and foreign investors in India’s capital markets and its robust regulatory and legal systems. Commenting on it, National Stock Exchange’s MD & CEO Ashiskumar Chauhan said, these systems have consistently provided a fair, efficient, transparent, low-cost, always-accessible, and well-organized marketplace, often recognized as one of the best globally. Notably, India has not only excelled in trading technologies but has also emerged as a leader in corporate governance.
He added that, today, more than 7.5 crore unique PAN numbers representing investors are registered with us, indicating that approximately 5 crore households now directly invest a portion of their savings in the equity market through NSE, known for its best-in-class, highly automated, and tightly regulated markets that have maintained their quality for several decades since their inception.
He said, “In my view, India’s participation in the markets has come a long way in the past 30 years, with plenty of room for further growth. This achievement marks a promising beginning. It’s important to acknowledge that the journey ahead will have its ups and downs, much like our past experiences. However, India’s progress will persist, and the markets will continue to mirror this progress, as exemplified by the Nifty 50 index. NSE remains committed to providing India with fair, efficient, transparent, orderly, and cost-effective markets, enriched with advanced automation, in the years to come.”
