Nifty Share Price

10,656.20

-107.20 (-1%)

20-Nov-18 16:57

Open

10,740.10

Prev. Close

10,763.40

High

10,740.85

Low

10,640.85

Mkt Cap.

7,768,354.19

Div Yield

1.56

PE

20.08

Performance

One Week (%)

0.70

One Month (%)

4.01

One Year (%)

3.47

YTD (%)

4.35

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,306.85 1,331.05 1,304.70 867,729
Cipla Ltd 520.70 529.85 518.65 1,707,971
Eicher Motors Ltd 24,595.80 25,350.00 24,450.55 103,074
Grasim Industries Ltd 837.95 863.00 832.30 1,645,503
Housing Development Finance Corporation Ltd 1,876.80 1,904.00 1,872.05 2,123,458
Hero MotoCorp Ltd 2,960.10 2,994.95 2,941.00 161,818
Hindalco Industries Ltd 221.95 233.85 220.40 14,761,307
Hindustan Unilever Ltd 1,694.00 1,709.90 1,685.05 740,827
ITC Ltd 283.85 286.65 281.80 7,796,633
Larsen & Toubro Ltd 1,413.10 1,423.10 1,407.70 1,889,461
Mahindra & Mahindra Ltd 782.60 792.40 773.35 2,902,880
Reliance Industries Ltd 1,137.40 1,155.90 1,130.00 5,719,901
Vedanta Ltd 205.25 210.90 200.00 18,615,840
Tata Motors Ltd 183.75 188.30 183.20 13,114,982
Tata Steel Ltd 563.30 578.00 562.00 7,636,368
Wipro Ltd 321.30 330.90 320.10 2,590,244
Dr Reddys Laboratories Ltd 2,443.15 2,520.10 2,437.55 541,117
Titan Company Ltd 915.45 925.20 908.85 1,540,046
State Bank of India 283.45 288.55 282.50 12,900,924
Bharat Petroleum Corporation Ltd 322.90 329.95 321.10 4,442,573
Hindustan Petroleum Corporation Ltd 243.25 252.50 241.60 7,154,042
Kotak Mahindra Bank Ltd 1,169.95 1,178.30 1,162.15 1,805,161
UPL Ltd 759.20 772.80 747.00 3,285,928
Infosys Ltd 641.40 656.00 640.10 5,384,830
Zee Entertainment Enterprises Ltd 448.10 451.95 440.75 1,677,610
Bajaj Finance Ltd 2,380.10 2,392.95 2,345.75 1,237,702
Sun Pharmaceuticals Industries Ltd 525.45 532.60 521.30 3,084,743
JSW Steel Ltd 328.25 334.25 327.00 3,954,871
HDFC Bank Ltd 2,012.45 2,019.60 1,999.05 1,426,292
Tata Consultancy Services Ltd 1,878.25 1,902.00 1,874.20 1,190,182
ICICI Bank Ltd 357.90 365.45 354.60 19,591,217
Power Grid Corporation of India Ltd 187.90 191.10 187.50 1,503,751
Maruti Suzuki India Ltd 7,333.95 7,444.50 7,311.65 637,243
IndusInd Bank Ltd 1,557.85 1,569.90 1,528.35 2,718,989
Axis Bank Ltd 612.65 619.60 609.55 6,658,508
HCL Technologies Ltd 1,008.95 1,035.00 1,003.30 1,314,282
Oil & Natural Gas Corpn Ltd 153.10 155.80 152.65 5,480,470
NTPC Ltd 149.15 153.10 148.50 3,833,428
Indian Oil Corporation Ltd 139.05 144.90 138.00 10,075,993
Coal India Ltd 261.45 265.60 261.00 4,253,683
GAIL (India) Ltd 344.05 346.00 337.70 6,211,451
Bharti Airtel Ltd 331.95 339.45 328.30 10,734,672
Tech Mahindra Ltd 709.70 732.50 704.05 2,667,937
Adani Ports & Special Economic Zone Ltd 355.25 357.55 347.00 5,778,336
UltraTech Cement Ltd 3,966.25 4,046.50 3,960.00 183,485
Yes Bank Ltd 192.10 199.75 191.00 77,354,754
Bajaj Auto Ltd 2,666.50 2,679.65 2,655.00 146,989
Bajaj Finserv Ltd 5,688.55 5,764.70 5,648.00 122,296
Indiabulls Housing Finance Ltd 706.60 743.90 700.00 12,046,063
Bharti Infratel Ltd 259.30 261.25 257.90 1,005,059

Introduction to Nifty

What is the Nifty 50?


Like the Bombay Stock Exchange’s benchmark Sensex, which is a constituent of 30 well-performing, heavyweight stocks, the Nifty, or the Nifty50 is another broad-based stock market index in India. It is managed by the National Stock Exchange (NSE) through its subsidiary India Index Services and Products (IISL). The term was coined using the words ‘National’ and ‘Fifty’. This is because the index comprises the weighted average of 50 companies, as opposed to the Sensex which comprises the weighted average of 30 stocks, representing the biggest industrial sectors. In other words, the market movement in these 50 companies decides the direction in which the Nifty will move.

Incepted in 1995, the base year of the benchmark index is also the same, while its base value is set as 1,000. The constituents of the index include, among others, HDFC, ICICI Bank, Hindustan Unilever, ITC, Larsen and Toubro (L&T), Reliance Industries and State Bank of India (SBI). These are further divided into the Nifty auto index, the Nifty bank index, the Nifty IT index, and the Nifty FMCG index, among others, based on the sector the company represents.

How is it calculated?

The index was earlier calculated according to the market capitalization method. In 2009, this was changed to the free-float market capitalization method to stay in line with global practices.

Free-float means the total number of shares available to the public to trade. This excludes promoter holding or any holding apart from the public. Consequently, a company’s free-float market cap would be, number of shares available to public * market price of each share. So, if a company has 40lakh shares available to the public, and each share is valued at Rs100, the free-float market capitalization of the company will be:

40,00,000*100 = Rs40cr. However, it should be noted that the market cap of most of these companies is in ‘thousand crores’.

Scrip selection criteria

Only companies headquartered in India are considered for the index. Other selection parameters include

Liquidity: The share must have traded at an average impact cost equal to or less than 0.50% during the last six months.

Float-Adjusted Market Capitalization: Eligible companies must have at least double the float-adjusted market cap of the current, smallest constituent of the index.

Eligible Securities: All common shares listed on the NSE (equity and not fixed income in nature) are eligible for inclusion in the NIFTY 50 index. Instrument that provided a fixed return are not included.

F&O criteria: Stocks must also be available for trading in NSE’s Futures & Options (F&O) segment.