The India Index 50, the English name “NIFTY 50”, is one of the two major stock price indices in India, and the other is the Bombay Sensitive Index (BSE SENSEX). The index was founded by the National Stock Exchange of India in 1996 and covers 50 of India’s most representative listed companies from 14 industries including finance, energy, automotive, media, and telecommunications. It is an important measure of the direction of the Indian stock market and economy. Standard is also one of the most-watched stock price indices in Asia.

The India Index 50 is a market capitalization-weighted index. Therefore, the greater the market value of the constituent stocks, the greater the impact on the stock index when stock prices fluctuate. The financial industry is the industry that accounts for the largest proportion of the index’s market value. As of May 2020, the financial industry’s market value Accounted for 36.20%. NSE Index Co., Ltd. (a subsidiary of the National Stock Exchange of India) will review the index on January 31 and July 31 each year. Substandard constituent stocks will be removed at that time, and non-conforming stocks that meet the criteria will be removed.

In addition to reflecting the rise and fall of the Indian stock market, the India Index 50 is often used as a reference benchmark for funds and investment portfolios, and it is also the basis for many ETFs and structured financial products.

Go to FXBonus.Info Main Page