The **Nifty 50** is the benchmark stock index of the **National Stock Exchange of India (NSE)**. It represents the **top 50 companies** across various sectors of the Indian economy, making it a key indicator of the country's market performance.
### **Key Details:** - **Index Name**: Nifty 50 - **Exchange**: National Stock Exchange (NSE) - **Number of Companies**: 50 - **Base Year**: 1995 - **Base Value**: 1000 - **Sector Representation**: Includes companies from IT, banking, pharmaceuticals, FMCG, energy, and other major industries. - **Calculation Method**: Free-float market capitalization-weighted index.
### **Why is Nifty 50 Important?** - **Market Benchmark**: It reflects overall market trends and investor sentiment. - **Investment Tool**: Used by mutual funds, ETFs, and traders for investments. - **Economic Indicator**: A strong Nifty 50 generally signals a healthy economy.
Do you want to check the current Nifty 50 value or details on specific stocks?
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.