By January 2016, 5 Years ago. Nifty was trading around 8,000. Now as of 12.10.2020, nifty was trading around 11.930, which is 8.5% increase per year, which is almost equals to the bank interest in India
8.5% interest raise calculation is mentioned in the picture. Then, i wonder why many people say Nifty is trading at unacceptable level ?
If Banks are giving interest at lower levels, will they accept it ?
Best Regards,
Nareshkumar B G
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