Nifty Share Price

11,053.80

-13.65 (-0.12%)

26-Sep-18 16:59

Open

11,145.55

Prev. Close

11,067.45

Mkt Cap.

8,146,627.91

Div Yield

--

PE

--

PB

--

Performance

One Week (%)

-1.87

One Month (%)

-5.34

One Year (%)

12.10

YTD (%)

8.38

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,282.00 1,303.50 1,274.00 1,338,324
Cipla Ltd 672.80 675.25 656.00 2,131,833
Eicher Motors Ltd 25,180.75 26,250.45 25,101.00 78,609
Grasim Industries Ltd 1,044.90 1,050.00 1,033.45 1,239,047
Housing Development Finance Corporation Ltd 1,767.45 1,806.30 1,756.10 4,044,415
Hero MotoCorp Ltd 3,100.05 3,140.00 3,086.70 357,504
Hindalco Industries Ltd 247.95 250.35 241.40 11,935,712
Hindustan Unilever Ltd 1,610.75 1,649.00 1,598.00 980,726
ITC Ltd 293.15 303.00 289.75 19,891,787
Larsen & Toubro Ltd 1,332.65 1,336.80 1,309.00 2,846,089
Mahindra & Mahindra Ltd 893.35 917.85 885.30 2,357,565
Reliance Industries Ltd 1,251.40 1,253.95 1,227.15 6,396,828
Vedanta Ltd 241.55 245.00 229.70 40,596,440
Tata Motors Ltd 233.35 243.20 229.55 17,810,869
Tata Steel Ltd 608.90 614.15 598.00 8,647,720
Wipro Ltd 319.25 328.95 316.40 7,864,825
Dr Reddys Laboratories Ltd 2,600.85 2,664.20 2,591.00 1,206,238
Titan Company Ltd 814.70 820.00 802.15 4,080,359
State Bank of India 263.85 274.00 262.75 23,951,904
Bharat Petroleum Corporation Ltd 368.65 370.80 361.35 3,152,317
Hindustan Petroleum Corporation Ltd 248.00 248.90 241.55 6,893,813
Kotak Mahindra Bank Ltd 1,169.40 1,188.65 1,161.30 2,446,177
UPL Ltd 697.55 705.00 653.75 3,830,064
Infosys Ltd 717.85 731.85 712.00 6,599,606
Lupin Ltd 891.75 910.00 885.90 2,762,045
Zee Entertainment Enterprises Ltd 448.70 452.35 443.90 2,217,261
Bajaj Finance Ltd 2,315.55 2,353.95 2,295.10 2,728,756
Sun Pharmaceuticals Industries Ltd 639.85 649.80 632.55 4,850,782
HDFC Bank Ltd 1,968.20 1,978.00 1,955.30 3,681,681
Tata Consultancy Services Ltd 2,142.15 2,199.00 2,135.10 1,970,951
ICICI Bank Ltd 313.10 315.30 305.10 23,224,979
Power Grid Corporation of India Ltd 192.85 194.00 188.20 4,098,766
Maruti Suzuki India Ltd 7,842.55 8,089.90 7,822.55 754,963
IndusInd Bank Ltd 1,701.80 1,712.50 1,679.50 2,914,677
Axis Bank Ltd 617.45 624.35 612.05 8,725,133
HCL Technologies Ltd 1,090.15 1,120.85 1,085.15 1,435,197
Oil & Natural Gas Corpn Ltd 180.60 184.80 178.95 6,680,285
NTPC Ltd 167.80 171.60 166.00 2,993,241
Indian Oil Corporation Ltd 154.45 156.20 152.30 4,795,841
Coal India Ltd 272.55 277.00 270.20 2,300,500
GAIL (India) Ltd 375.10 382.00 370.50 3,446,786
Bharti Airtel Ltd 361.30 365.00 357.15 3,964,043
Tech Mahindra Ltd 748.85 768.15 739.05 3,224,771
Adani Ports & Special Economic Zone Ltd 338.55 344.90 330.60 3,424,347
UltraTech Cement Ltd 4,067.55 4,102.35 4,024.80 283,138
Yes Bank Ltd 223.75 229.80 217.00 62,814,786
Bajaj Auto Ltd 2,773.30 2,808.75 2,743.60 494,874
Bajaj Finserv Ltd 6,212.55 6,289.00 6,188.00 164,588
Indiabulls Housing Finance Ltd 999.80 1,022.60 930.00 13,834,876
Bharti Infratel Ltd 261.50 273.90 257.70 2,575,108

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.