Google trend - Nifty

Nifty - 10 things to know with detail

• Nifty is a term commonly used in finance and investing to refer to the Nifty 50 index, which is the National Stock Exchange of India's benchmark stock market index.
• The Nifty 50 index consists of the 50 largest and most liquid Indian companies listed on the National Stock Exchange (NSE), representing various sectors of the economy.
• The Nifty 50 index is widely used by investors, traders, and analysts as a barometer of the Indian stock market's performance and overall economic health.
• The Nifty 50 index is calculated using the free-float market capitalization weighted method, where the weight of each stock in the index is based on its market capitalization adjusted for the proportion of shares that are freely available for trading.
• The Nifty 50 index is rebalanced semi-annually, with changes made to the composition of the index based on factors such as market capitalization, liquidity, and trading volume.
• The Nifty 50 index has a base value of 1,000, which was set on November 3, 1995. The index has since grown significantly, reaching record highs in recent years.
• The Nifty 50 index is composed of companies from various sectors, including banking, information technology, consumer goods, energy, and healthcare, among others.
• Some of the largest and most well-known companies included in the Nifty 50 index are Reliance Industries, HDFC Bank, Infosys, Tata Consultancy Services, and Hindustan Unilever.
• Investors can track the performance of the Nifty 50 index through various financial news websites, market data platforms, and trading terminals, where real-time updates and historical data are available.
• The Nifty 50 index is used as a benchmark for various financial products, such as index funds, exchange-traded funds (ETFs), and derivatives, allowing investors to gain exposure to the Indian stock market and diversify their portfolios.