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Nifty is another widely used term in the stock market(https://www.edelweiss.in/market). So, what is Nifty? Nifty is the index of the National Stock Exchange (NSE), another popular stock exchange in India. Itu2019s a collection of 50 stocks, and is known as Nifty 50. Itu2019s managed by India Index Services and Products Ltd (IISL).<br>Read this presentation to learn more about Nifty.
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Introduction Nifty is another widely used term in the stock market. So, what is Nifty? Nifty is the index of the National Stock Exchange (NSE), another popular stock exchange in India. It’s a collection of 50 stocks, and is known as Nifty 50. It’s managed by India Index Services and Products Ltd (IISL).
How is nifty calculated Now that you know what is Nifty, let’s see how its value is calculated. Just like Sensex, the value of Nifty is calculated through the free-float market capitalization-weighted method. The formula for calculation of Nifty is as follows: Nifty = (Current Market Value / Base Market Capital) X Base Index Value The base index value, in this case, is 1,000.
conclusion The Sensex and the Nifty are two of the most common terms you hear in the stock market. So the next time you hear that the Sensex has gone up by 100 points or the Nifty has gone down by 200 points, you know how the value is calculated and more importantly, what the key takeaway is.
