Nifty Share Price

11,521.05

-11.35 (-0.1%)

20-Mar-19 17:39

Open

11,553.35

Prev. Close

11,532.40

High

11,556.10

Low

11,503.10

Mkt Cap.

8,326,446.83

Div Yield

1.17

PE

28.24

Performance

One Week (%)

1.58

One Month (%)

7.32

One Year (%)

13.80

YTD (%)

12.82

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,456.15 1,466.00 1,448.50 764,625
Cipla Ltd 533.25 534.80 531.10 1,255,306
Eicher Motors Ltd 21,338.00 21,850.00 21,190.00 137,103
Grasim Industries Ltd 817.65 829.10 811.65 1,412,859
Housing Development Finance Corporation Ltd 1,987.55 1,998.00 1,968.10 3,654,200
Hero MotoCorp Ltd 2,609.15 2,645.00 2,593.05 877,100
Hindalco Industries Ltd 207.15 207.95 203.00 8,788,334
Hindustan Unilever Ltd 1,687.55 1,716.50 1,683.45 2,312,268
ITC Ltd 298.90 301.95 296.60 15,619,922
Larsen & Toubro Ltd 1,370.90 1,382.00 1,361.00 3,871,744
Mahindra & Mahindra Ltd 678.60 694.35 676.15 2,369,729
Reliance Industries Ltd 1,375.45 1,388.00 1,364.00 9,892,823
Vedanta Ltd 174.55 175.45 172.55 5,703,096
Tata Motors Ltd 180.20 183.45 179.60 7,543,753
Tata Steel Ltd 513.60 526.25 511.05 8,702,307
Wipro Ltd 261.55 263.00 258.40 6,114,562
Dr Reddys Laboratories Ltd 2,751.65 2,760.00 2,709.00 1,151,949
Titan Company Ltd 1,102.35 1,115.00 1,098.00 1,295,061
State Bank of India 303.80 304.65 300.05 18,820,555
Bharat Petroleum Corporation Ltd 389.15 407.50 386.50 5,286,335
Hindustan Petroleum Corporation Ltd 275.10 290.00 274.00 9,435,702
Kotak Mahindra Bank Ltd 1,351.60 1,357.90 1,331.00 3,969,408
UPL Ltd 935.40 939.80 927.10 900,335
Infosys Ltd 738.95 742.30 727.15 13,471,173
Zee Entertainment Enterprises Ltd 443.20 460.00 441.10 8,926,752
Bajaj Finance Ltd 2,868.60 2,934.55 2,857.80 1,406,862
Sun Pharmaceuticals Industries Ltd 474.75 476.80 466.00 4,235,163
JSW Steel Ltd 282.30 290.00 281.05 9,165,038
HDFC Bank Ltd 2,299.00 2,300.00 2,261.05 2,927,998
Tata Consultancy Services Ltd 2,015.05 2,044.80 2,000.00 3,091,165
ICICI Bank Ltd 392.90 398.15 392.20 14,181,408
Power Grid Corporation of India Ltd 197.40 199.85 196.50 5,096,583
Maruti Suzuki India Ltd 6,673.55 6,860.00 6,650.00 1,017,560
IndusInd Bank Ltd 1,713.40 1,730.00 1,708.00 1,592,600
Axis Bank Ltd 755.75 767.00 754.35 9,758,274
HCL Technologies Ltd 1,037.95 1,054.50 1,031.50 2,204,401
Oil & Natural Gas Corpn Ltd 151.85 157.05 150.60 28,675,956
NTPC Ltd 129.25 136.00 128.10 28,098,992
Indian Oil Corporation Ltd 159.00 162.75 155.70 36,067,181
Coal India Ltd 237.00 244.60 236.00 20,268,896
GAIL (India) Ltd 354.70 362.70 353.35 2,853,402
Bharti Airtel Ltd 334.00 339.90 332.35 2,982,715
Tech Mahindra Ltd 789.85 806.20 787.30 3,331,375
Adani Ports & Special Economic Zone Ltd 360.60 367.55 359.50 2,925,322
UltraTech Cement Ltd 3,922.30 4,009.75 3,910.90 295,550
Yes Bank Ltd 252.15 253.00 246.40 26,817,389
Bajaj Auto Ltd 2,949.65 2,969.80 2,920.05 834,351
Bajaj Finserv Ltd 6,953.50 6,998.70 6,907.20 119,525
Indiabulls Housing Finance Ltd 732.60 741.70 701.60 12,317,163
Bharti Infratel Ltd 325.05 333.45 322.25 3,756,179

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.