indexnse nifty 50
The Nifty 50 index is one of India’s premier stock market benchmarks. It is managed by NSE Indices, a subsidiary of the National Stock Exchange of India (NSE). The index consists of the 50 largest and most liquid stocks listed on the NSE, covering a wide cross-section of sectors and representing a broad measure of the Indian equity market. Launched on 22 April 1996 (base date 3 November 1995 = 1000), the Nifty 50 has become a widely used reference for institutional and retail investors alike Because of its size, liquidity and diversification, movements in the Nifty 50 are seen as reflective of the overall health of India’s stock market and economy. Why Nifty 50 Matters Market benchmark: It is the go-to gauge of market performance in India. When media reports “the market rose” or “the market fell”, often they are referring to Nifty‐50. Investment tool: Many index funds, ETFs and…