Nifty 50 Index Live Chart
About Indian Nifty 50
The Nifty 50 is the leading benchmark on the National Stock Exchange (NSE), which is a well-diversified index, including top 50 companies in terms of free-float market capitalization that are traded on the bourse. The Nifty 50 index was launched on April 22, 1996. The baseline value was established at 1,000 points counted from November 3, 1995.
The Nifty50 index is calculated using the free float market capitalization method, which is basically the count of shares in active circulation in the market at any given point in time. The Nifty is like Bombay Stock Exchange (BSE) benchmark Sensex. It is today used for benchmarking portfolios and returns of mutual fund schemes and launching index funds.
There are defined eligibility criteria for selection of Nifty constituent stocks. The liquidity of a stock is measured by the market impact cost, which is essentially the cost involved in transacting a stock. For a stock to be suitable for inclusion in the Nifty50, it should be traded at an average impact cost of 0.50% or less for 6 months and for 90% of observation cases.