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Nifty 50
Nifty 50 Performance
-
Open
23,529.55
-
High
23,709.60
-
Low
23,517.10
-
Prev Close
23,453.80
-
Dividend Yeild
1.33%
-
P/E
21.57
Nifty 50 Chart
Nifty 50 F&O
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 | ₹238169 Cr |
₹2494
(1.34%)
|
1233108 | Paints/Varnish |
Britannia Industries Ltd | ₹118331 Cr |
₹4920
(1.5%)
|
360326 | FMCG |
Cipla Ltd | ₹118321 Cr |
₹1467.1
(0.89%)
|
1970496 | Pharmaceuticals |
Eicher Motors Ltd | ₹133642 Cr |
₹4968.55
(1.04%)
|
560358 | Automobile |
Nestle India Ltd | ₹213368 Cr |
₹2219.7
(1.46%)
|
1033362 | FMCG |
Nifty 50 Sector Performance
Top Performing
Sector Name | Percentage Change |
---|---|
Diamond, Gems and Jewellery | 2.39 |
IT - Hardware | 1.42 |
Leather | 1.44 |
Ceramic Products | 1.52 |
Under Performing
Sector Name | Percentage Change |
---|---|
Paints/Varnish | -0.2 |
Air Transport Service | -0.02 |
Ferro Alloys | -0.64 |
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 Definition & Meaning
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. Nifty 50 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 ₹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. In June 2024, Nifty reached a high of 23,337.90.
What are the benefits of investing in 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 | 14.4325 | -0.74 (-4.86%) |
Nifty 10 Yr Benchmark G-Sec | 2415.57 | 1.51 (0.06%) |
Nifty 10 Yr Benchmark G-Sec (Clean Price) | 886.8 | 0.55 (0.06%) |
Nifty 100 | 24562 | 261 (1.07%) |
Nifty 100 Equal Weight | 31514.6 | 343.7 (1.1%) |
Latest News
- Nov 19, 2024
Rajesh Power Services Limited, a leading player in the power transmission and distribution sector, is launching its Initial Public Offering (IPO), aiming to raise ₹160.47 crores. Rajesh Power Services IPO consists of a fresh issue of 27.9 lakh shares aggregating ₹93.47 crores and an offer for sale of 20 lakh shares aggregating ₹67.00 crores.
- Nov 18, 2024
Medplus Health Services kicked off its stock market journey with a bang, rising 3% to ₹726. About 7% of the company’s shares—78.9 lakh in total, worth ₹552 crore—changed hands in a block deal at an average price of ₹700 per share. By 10 a.m., Medplus Health shares price was trading at ₹715 on the NSE, showing a smaller but steady 1.5% gain. Over the last week, Medplus shares have been on the rise, rallying 6%.
- Nov 18, 2024
State-owned NTPC Green Energy Limited is gearing up to launch its initial public offering (IPO), which opens for public subscription on Tuesday, November 19, 2024, and closes on Friday, November 22, 2024. The anchor investor bidding took place on Monday, November 18, 2024.This public issue aims to fund the company’s growth in renewable energy projects and strengthen its financial position.
- Nov 18, 2024
On Monday, 18th November, Dalal Street experienced a bearish trend in a shortened trading week, as key indices, Sensex and Nifty, plunged under the weight of continued foreign fund outflows, selling pressure in IT stocks, and cautious comments by US Federal Reserve Chairman Jerome Powell about rate cuts.
Latest Blogs
Nifty Prediction for 19th November The Nifty index extended its sell-off for the seventh consecutive session, weighed down by a sharp decline in the IT sector. The Nifty IT index tumbled more than 2% after Federal Reserve Chair Jerome Powell remarked that there was "no hurry" for rate cuts, dampening sentiment in tech stocks. Despite the weakness in IT, sectors like METAL, FMCG, and AUTO provided some support, limiting the overall decline.
- Nov 18, 2024
In India, ETFs or exchange traded funds commonly track indices such as the Sensex or Nifty 50, and they include the same stocks as these indices. Some ETFs may also focus on commodities like gold or sectors like banking. The main feature and benefit of ETF is to get access to a diversified range of investments through a single ‘buy’, which can help manage risk effectively. Top Traded ETFs in India
- Nov 18, 2024
Highlights 1. Hero Motor Share has shown steady growth, attracting investor attention in the two-wheeler sector. 2. Hero Motor Stock remains a top pick for investors due to its strong market position and consistent performance. 3. Hero Motors' Share Price has seen fluctuations, offering potential opportunities for long-term investors. 4. Hero Motor's Stock Price is impacted by quarterly results, making it a key focus for investors.
- Nov 18, 2024
Nifty Prediction for 18th November After a flat opening, the benchmark indices traded in a zigzag move and closed in the red at 23,532.70, marking a loss of 26 points on Thursday.
- Nov 14, 2024