Nifty

The Nifty 50 is a stock market index that represents the performance of 50 of the largest and most actively traded stocks listed on the National Stock Exchange (NSE) of India.

Key Points about Nifty 50: Full Name: Nifty 50 (sometimes just called "Nifty")

Managed by: NSE Indices Limited (a subsidiary of the NSE)

Launched in: 1996

Purpose: Serves as a benchmark index for the Indian equity market.

Constituents: Includes companies from 13 sectors, such as IT, banking, energy, FMCG, pharmaceuticals, etc.

Weighting: It’s a free-float market capitalization-weighted index, meaning larger companies (by market cap) have a bigger influence on the index.

Some Well-Known Companies in Nifty 50 (as of recent updates): Reliance Industries

Infosys

TCS

HDFC Bank

ICICI Bank

Hindustan Unilever

Why Nifty 50 Matters: It reflects the overall health and trends of the Indian stock market.

Used as a benchmark for mutual funds and ETFs.

Commonly used by investors and analysts to gauge market sentiment.