Nifty Highs & Lows – Yearwise ! Check out which has been taken out today!

Hello Reader,

Indian Equity markets have been undergoing correction everyday over the last one month.

Nifty down 37% from its 52 week high of 12,430.5 to the lows of 7,832.55 on 19/03/2020 due to headwinds from the COVID-19 outbreak.

Each day Indian market has hit new lows. To ease the readers with each year data, 1stopinvestment has collected past year datas & summarised the below table.

nifty yearwise highs and lows

Nifty closing levels and the above data is taken from NSE Website.

What is drawdown ?

“A drawdown is a peak-to-trough decline during a specific period for an investment” 

For Example, in 2020, from the peak 12430.5 , it slided to 7832.5 almost 4598 points. This is 4598/12430 = 37% Drawdown.

“Drawdowns are a measure of downside volatility.” 

Nify – yearwise drawdown :

nifty drawdown

Check out our daily report here to see the Market today’s closing levels.

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