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Nifty caps roller-coaster year just shy of 14,000-mark, shows data

It took Nifty 25 sessions to cross 14,000 from 13,000-levels.

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Nifty | Stock traders | Indices

Yash Upadhyaya & Sundar Sethuraman 

Nifty caps roller-coaster year just shy of 14,000-mark, shows data
The transition from 11,000 to 12,000 was the longest and took 59 trading sessions.

The equity hit a new record on the last trading day of the year. The crossed 14,000 for the first time, hitting an intra-day high of 14,024.85, while the Sensex made a new high of 47,896.97 before closing flat.

Both have posted their best annual gain since 2017 as continue to bet on a better-than-expected revival in the economy.

It took 25 sessions to cross 14,000 from 13,000-levels. The transition from 11,000 to 12,000 was the longest and took 59 trading sessions.

97% of top 500 Stocks above their long-term moving average

485 stocks in the 500 index are currently trading above their 200-day moving average, indicating strength in the broader market rally

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First Published: Fri, January 01 2021. 00:24 IST
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