Nifty turns 25: Here's how the index progressed from 1,000 to 14,000

It has been 25 years since the National Stock Exchange (NSE) introduced its benchmark Nifty index, a gauge for the performance of the country’s 50 blue-chip stocks. The index was set up on April 22, 1996, less than two years after the exchange launched electronic screen-based trading. 

Today, the Nifty 50 index is the most-traded derivatives index. It is also the most-tracked index by domestic exchange-traded funds (ETFs) with assets under management of $18 billion (Rs 1.35 trillion).

The complexion of the index has undergone a drastic change since its inception. Back in 1996, State Bank of India (SBI) had the highest