BSE TECk index: Rs 1 lakh investment soars 356% in 7 years to Rs 3.56 lakh

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BSE TECk index: Rs 1 lakh investment soars 356% in 7 years to Rs 3.56 lakh - Business Standard

Quick Summary:

The BSE TECk index, tracking technology stocks, has delivered strong returns in 2023 and 2024, outperforming major benchmarks like the Nifty 50 and Nifty 500.

In comparison, the Nifty 50, Nifty 500, and Nifty IT provided returns of 12.01%, 12.47%, and 32.12%, respectively.

For the same period, an investment of Rs.1,00,000 in the Nifty 50, Nifty 500, and Nifty IT would have grown to Rs 2,57,809, Rs 2,75,983, and Rs.4,08,462, respectively.