What Is the Nifty 50?

The NIFTY 50 is a diversified 50 stock index accounting for 13 sectors of the economy. It is used for a variety of purposes such as benchmarking fund portfolios, index-based derivatives, and index funds.

NIFTY 50 is owned and managed by NSE Indices Limited (formerly known as India Index Services & Products Limited) (NSE Indices). NSE Indices are India's specialized company focused upon the index as a core product.

• The NIFTY 50 Index represents about 66.8% of the free-float market capitalization of the stocks listed on NSE as of March 29, 2019.
• The total traded value of NIFTY 50 index constituents for the last six months ending March 2019 is approximately 53.4% of all stocks' traded value on the NSE.
• The impact cost of the NIFTY 50 for a portfolio size of Rs.50 lakhs is 0.02% for March 2019.
• NIFTY 50 is ideal for derivatives trading.<br>

India's Nifty 50 Companies - Weight-age