Nifty Share Price

11,661.85

75.50 (0.65%)

18-Oct-19 17:54

Open

11,580.30

Prev. Close

11,586.35

High

11,684.70

Low

11,553.15

Mkt Cap.

8,703,743.74

Div Yield

1.29

PE

26.76

Performance

One Week (%)

3.16

One Month (%)

7.58

One Year (%)

13.18

YTD (%)

-0.06

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,816.75 1,824.45 1,786.70 1,682,488
Britannia Industries Ltd 3,252.35 3,259.20 3,222.55 230,815
Cipla Ltd 444.15 451.15 440.10 2,850,227
Eicher Motors Ltd 20,275.90 20,680.00 20,065.10 295,066
Nestle India Ltd 14,835.45 14,943.35 14,403.30 121,565
Grasim Industries Ltd 746.50 749.00 718.30 2,263,929
Housing Development Finance Corporation Ltd 2,094.45 2,102.00 2,065.10 2,760,381
Hero MotoCorp Ltd 2,646.15 2,662.05 2,605.85 1,179,162
Hindalco Industries Ltd 187.40 191.35 186.65 7,347,790
Hindustan Unilever Ltd 2,106.85 2,116.00 2,090.70 2,202,270
ITC Ltd 246.50 247.80 245.10 12,833,554
Larsen & Toubro Ltd 1,447.80 1,457.00 1,425.40 3,516,394
Mahindra & Mahindra Ltd 593.30 595.50 583.60 2,955,289
Reliance Industries Ltd 1,416.35 1,427.90 1,398.70 12,856,410
Vedanta Ltd 150.25 152.20 147.80 10,985,219
Tata Motors Ltd 136.85 141.80 135.60 64,884,113
Tata Steel Ltd 359.60 362.80 351.75 16,568,036
Wipro Ltd 248.90 250.70 247.85 2,764,389
Dr Reddys Laboratories Ltd 2,724.85 2,744.95 2,710.05 289,279
Titan Company Ltd 1,300.60 1,305.00 1,274.05 1,135,957
State Bank of India 269.65 271.35 263.20 33,203,721
Bharat Petroleum Corporation Ltd 520.30 534.90 506.75 14,186,741
Kotak Mahindra Bank Ltd 1,615.25 1,619.60 1,591.00 2,357,607
UPL Ltd 599.00 603.50 588.50 2,426,210
Infosys Ltd 767.85 773.80 760.00 10,037,200
Zee Entertainment Enterprises Ltd 250.20 262.75 239.55 52,011,333
Bajaj Finance Ltd 4,137.65 4,199.00 4,080.00 1,836,213
Sun Pharmaceuticals Industries Ltd 401.65 406.50 397.50 4,647,037
JSW Steel Ltd 223.35 225.20 220.30 9,026,105
HDFC Bank Ltd 1,229.00 1,233.85 1,220.35 5,616,903
Tata Consultancy Services Ltd 2,057.35 2,063.90 2,025.00 3,087,901
ICICI Bank Ltd 437.80 443.70 435.25 15,988,455
Power Grid Corporation of India Ltd 202.55 203.25 197.00 4,947,441
Maruti Suzuki India Ltd 7,302.30 7,450.00 7,061.65 1,463,126
IndusInd Bank Ltd 1,342.65 1,361.70 1,317.10 5,604,223
Axis Bank Ltd 709.55 715.70 705.25 9,500,635
HCL Technologies Ltd 1,095.50 1,105.45 1,088.40 823,815
Oil & Natural Gas Corpn Ltd 143.50 144.50 139.90 17,597,233
NTPC Ltd 121.05 121.50 118.40 16,961,782
Indian Oil Corporation Ltd 145.60 148.20 144.75 13,907,954
Coal India Ltd 205.95 206.50 197.75 12,709,671
GAIL (India) Ltd 129.55 130.40 127.80 8,902,057
Bharti Airtel Ltd 383.50 386.40 380.50 3,979,009
Tech Mahindra Ltd 734.20 737.75 722.70 2,907,649
Adani Ports & Special Economic Zone Ltd 421.70 423.80 408.00 4,047,650
UltraTech Cement Ltd 4,295.30 4,363.00 4,255.65 539,285
Yes Bank Ltd 51.40 52.70 46.00 441,645,534
Bajaj Auto Ltd 3,087.05 3,119.95 3,075.00 398,223
Bajaj Finserv Ltd 8,265.95 8,437.60 8,230.00 352,909
Bharti Infratel Ltd 261.60 263.00 254.00 3,004,253

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.