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Nifty 50
Nifty 50 Performance
Day Range
- Low 20850.8
- High 20941.25
- Open20,932.40
- Previous Close20,937.70
- Dividend Yeild1.30%
-
High
20941.25
-
Low
20850.8
-
Day Open Price
20932.4
-
Prev Close
20937.7
-
P/E
22.38
Nifty 50 chart
Stocks Performance
Color code for Stocks Performance
- 5% and above
- 5% to 2%
- 2% to 0.5%
- 0.5% to -0.5%
- -0.5% to -2%
- -2% to -5%
- -5% and below
Constituent Companies
| Company | Market Cap | Market Price | Volume | Sector |
|---|---|---|---|---|
| Asian Paints Ltd | ₹311931 Cr |
₹3251.8
(0.79%)
|
881904 | Paints/Varnish |
| Britannia Industries Ltd | ₹120543 Cr |
₹5016
(1.44%)
|
320978 | FMCG |
| Cipla Ltd | ₹97326 Cr |
₹1222.8
(0.7%)
|
1700443 | Pharmaceuticals |
| Eicher Motors Ltd | ₹110766 Cr |
₹4091
(0.91%)
|
589181 | Automobile |
| Nestle India Ltd | ₹240671 Cr |
₹24975.25
(0.88%)
|
70962 | FMCG |
Nifty 50 Sector Performance
Top Performing
| Sector Name | Percentage Change |
|---|---|
| Diamond, Gems and Jewellery | 1.72 |
| IT - Hardware | 0.52 |
| IT - Software | 0.98 |
| Banks | 0.12 |
Under Performing
| Sector Name | Percentage Change |
|---|---|
| Leather | -0.29 |
| Ceramic Products | -0.46 |
| Healthcare | -0.44 |
| Dry cells | -0.09 |
Introduction
An index refers to a stock market portfolio with multiple securities based on the industry, category, and market capitalisation. Indices represent a country's economy and financial health.
NIFTY and SENSEX are synonymous with the Indian Stock Exchange. They are benchmark indices of the two leading stock exchanges in India. Investors use benchmarks to identify the overall market movement and trend.
NIFTY 50
NIFTY 50 is a benchmark index of the National Stock Exchange of India which consists of top 50 blue chip companies listed on National Stock Exchange of India Ltd. (NSE). The 50 stocks are selected on the basis of liquidity and market capitalization. The NIFTY 50 is an important tool for investors looking to invest in India's stock market. Nifty50 consists of companies belonging to major sectors of the Indian economy and insight into the performance of the Indian economy and provides investors with valuable information about which sectors to invest in. The index is calculated based on free-float market capitalization, which means that only companies with a high float adjusted market cap are selected. Additionally, the NIFTY 50 also has a diverse selection of stocks from various sectors such as banking, automotive, energy, and IT.
By tracking the movements of this index, investors can gain insight into the trends and performance of Indian companies on a larger scale. The NIFTY 50 also serves as an indicator of investor sentiment, allowing them to gauge how markets may perform in the future.
NIFTY 50 Script Selection Criteria
The NIFTY 50 is selected based on the following criteria:
The company must be based in India and traded (listed & traded or not listed but permitted to trade) at the National Stock Exchange (NSE).
Only the shares of NIFTY 100 index companies which are available for trading in NSE’s Futures & Options segment can be included in the NIFTY 50 index.
A security is only eligible for the index if, over the course of six months, it traded at an average cost impact of 0.50% or less for an INR 10 cr portfolio for 90% of observations.
Companies must have an average free-float market capitalization that is about 1.5x the average free-float market capitalization of the smallest stock in the index.
A company that issues an initial public offering (IPO) may be eligible for inclusion in the index if it meets the standard eligibility requirements for the index, such as impact cost and float-adjusted market capitalization over a three-month period instead of a six-month period.
What is NIFTY 50?
The National Stock Exchange (NSE) is among the most traded exchanges in India. NIFTY 50 is the flagship index of NSE and represents the fifty leading companies traded on the stock exchange based on market capitalisation. The NIFTY index replicates the price movement of a portfolio with the biggest and most liquid blue-chip companies.
While NIFTY constitutes fifty of more than sixteen hundred companies listed on the NSE, it represents about sixty-five per cent of the float-adjusted market capitalisation. It also encompasses significant industries of the Indian economy.
Therefore, it accurately depicts the performance of the Indian economy and offers investors exposure to an effective and well-balanced portfolio of the financial markets.
History of the NIFTY 50
SENSEX, the Bombay Stock Exchange index, dominated the financial markets until the introduction of NIFTY. In April 1996, trading in NIFTY commenced and served as a standard for index funds and index-based derivatives.
India Index Services and Products Limited (IISL) owns and manages the NIFTY index. IISL is the first to concentrate on an index as its core product in India.
In June 2000, the NSE introduced products with index futures. The Nifty 50 share price is the source for the futures contracts. In 2001, the exchange launched index options.
In July 2017, Nifty breached the 10,000 level. The NIFTY chart moved from 1,000 to 10,000 in twenty-one years. The compounded annual growth rate for NIFTY 50 from launch till date is 11.6%. In October 2021, nifty 50 made its all-time high of 18,604.
What are the Benefits of Investing in the NIFTY 50?
● NIFTY 50 is a combination of financially stable companies from different sectors. Therefore, it has the potential to yield high returns.
● Typically, NIFTY is subject to low volatility. NIFTY 50 companies are resilient and can survive short-term fluctuations. The pace of recovery from bear markets is fast.
● With index mutual funds, you can invest in the markets periodically and avoid frequent portfolio rebalancing.
How To Invest in NIFTY 50 Stocks?
You may invest in NIFTY 50 stocks as below:
1. Invest directly in NIFTY 50 shares in the same proportion as the index.
2. Investment in an index mutual fund based on NIFTY 50. An index fund allows you to invest in a customised portfolio managed by specialists.
Other Indices
| Indices Name | Price | Price Change (% change) |
|---|---|---|
| India VIX | 12.6725 | -1.07 (-7.77%) |
| Nifty 10 Yr Benchmark G-Sec | 2214.32 | 2.44 (0.11%) |
| Nifty 10 Yr Benchmark G-Sec (Clean Price) | 866.75 | 0.81 (0.09%) |
| Nifty 100 | 21076.35 | 2.2 (0.01%) |
| Nifty 100 Equal Weight | 25868.65 | 157 (0.61%) |
Faqs
What does NIFTY 50 depend on?
The NSE Index or NIFTY 50 index is calculated by taking into account the float-adjusted market capitalization of each stock. This method shows how valuable the stocks in the index are in a specific base period.
What is free-float market capitalization?
Free-float market capitalization is a measure of a company's market value that takes only those shares available for trading into account. This means that only companies with a high trading volume are selected for inclusion in the NSE index.
Do NIFTY 50 companies change every day?
The number of companies in the NIFTY 50 or NSE index changes semi-annually during June and December. This means that the 50 companies listed in the NSE index are not fixed and they may change over time.
What are the maximum lots you can buy in NIFTY 50?
The maximum number of lots you can buy in the NIFTY 50 or NSE Index is determined by the underlying security. The amount of lots that are available to buy depends on the trading volume of the stock and the trading limits set by your broker. At the moment, the NIFTY Quantity Freeze Limit is 1800.
How many types of NIFTY 50 are there?
There are two types of NIFTY 50 indices: Equity Indices and Fixed Income Indices. Equity indices track the performance of stocks and fixed-income indices follow bonds. Equity Indices can be further categorized into Broad Market Indices, Sectoral Indices, Thematic Indices, and Strategy Indices. On the other hand, Fixed Income Indices can be further categorized into Fixed Income Aggregate Indices, Target Maturity Indices, Money Market Indices, Corporate Bond Indices, SDL Indices, and G-Sec Indices.
How is the Nifty calculated?
The NIFTY is a function of the free-float market capitalization-weighted method. Market capitalisation is a product of equity capital and price. To calculate the free-float market capitalisation, it uses the IWF factor. This factor captures shares of free trade in the market. The NIFTY fluctuates daily and is a factor of the current market price divided by base market capital and multiplied by the base index value.
What are the factors that cause changes in the Nifty?
There is a plethora of factors that affect NIFTY or NSE Index. These include ease of business, industry dynamics, skilled workforce, and government stability. Macroeconomic factors such as RBI repo and reverse repo rates, budget, recession, and GDP data also impact NIFTY. The global financial markets, gold and crude oil prices volatility, inflation, and national ratings further impact the index.
Which stock has the highest weightage in the Nifty 50 index?
The highest weightage in the NIFTY 50 or NSE index is for Reliance Industries Ltd. According to the NIFTY Companies List for 2022, Reliance Industries has a weightage of 11.03%. HDFC Bank is second with a weightage of 8.26%, and ICICI bank is third with 7.94%. Therefore, investors refer to these stocks as NIFTY heavyweight stocks.
Latest News
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- Dec 06, 2023
