Nifty 50 Equal Weighted Index
On a day when major Indian Indices saw major rallies, Nifty 50 Equal Weighted Index grew over 9% in a single session! This shows the true strength of the rally that we witnessed today.
In a traditional market capitalization-weighted index, stocks with larger market capitalizations have a more significant impact on the index's performance. In contrast, an equal-weighted index treats all stocks equally, regardless of their market capitalizations.
The Nifty 50 Equal Weighted Index gives the same weight to each of the 50 stocks in the Nifty 50. In other words, each stock contributes equally to the index's performance.
NIFTY50EQUALWEIGHT
NIFTY
BANKNIFTY
In a traditional market capitalization-weighted index, stocks with larger market capitalizations have a more significant impact on the index's performance. In contrast, an equal-weighted index treats all stocks equally, regardless of their market capitalizations.
The Nifty 50 Equal Weighted Index gives the same weight to each of the 50 stocks in the Nifty 50. In other words, each stock contributes equally to the index's performance.
NIFTY50EQUALWEIGHT
NIFTY
BANKNIFTY
Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
