Nifty Share Price

11,921.50

-96.90 (-0.81%)

06-Dec-19 16:00

Open

12,047.35

Prev. Close

12,018.40

High

12,057.05

Low

11,888.85

Mkt Cap.

8,827,804.01

Div Yield

1.25

PE

27.78

Performance

One Week (%)

-1.12

One Month (%)

-0.37

One Year (%)

12.45

YTD (%)

2.16

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,716.65 1,747.60 1,712.85 1,031,777
Britannia Industries Ltd 3,069.60 3,098.20 3,059.70 206,989
Cipla Ltd 455.45 467.00 454.00 2,520,045
Eicher Motors Ltd 20,920.00 21,634.65 20,665.00 143,206
Nestle India Ltd 14,166.30 14,324.35 14,149.00 58,487
Grasim Industries Ltd 768.00 779.65 764.10 1,707,058
Housing Development Finance Corporation Ltd 2,264.65 2,335.00 2,246.45 3,440,155
Hero MotoCorp Ltd 2,362.20 2,416.60 2,351.00 750,661
Hindalco Industries Ltd 197.95 200.70 195.65 3,819,461
Hindustan Unilever Ltd 2,026.05 2,049.00 2,022.00 657,658
ITC Ltd 243.35 247.15 242.50 10,374,270
Larsen & Toubro Ltd 1,290.80 1,309.00 1,283.10 3,302,384
Mahindra & Mahindra Ltd 510.20 527.90 508.10 3,409,528
Reliance Industries Ltd 1,554.90 1,568.00 1,541.10 5,982,129
Vedanta Ltd 141.95 144.35 140.60 6,580,597
Tata Motors Ltd 161.50 168.00 160.05 27,727,162
Tata Steel Ltd 403.25 407.50 393.85 16,931,082
Wipro Ltd 241.00 244.50 240.35 1,367,558
Dr Reddys Laboratories Ltd 2,890.80 2,949.00 2,871.65 988,519
Titan Company Ltd 1,172.00 1,189.80 1,168.90 1,026,657
State Bank of India 320.00 337.65 318.00 47,027,528
Bharat Petroleum Corporation Ltd 488.50 496.50 483.50 4,693,613
Kotak Mahindra Bank Ltd 1,674.30 1,680.00 1,643.30 3,799,507
UPL Ltd 561.70 570.90 558.15 2,316,037
Infosys Ltd 715.10 720.00 709.60 5,226,096
Zee Entertainment Enterprises Ltd 287.70 302.40 283.40 29,245,323
Bajaj Finance Ltd 3,951.65 4,027.80 3,927.40 1,171,355
Sun Pharmaceuticals Industries Ltd 428.60 444.20 427.00 5,805,588
JSW Steel Ltd 254.10 256.70 250.10 7,854,850
HDFC Bank Ltd 1,246.05 1,260.00 1,238.20 6,887,325
Tata Consultancy Services Ltd 2,123.60 2,128.00 2,101.00 1,829,461
ICICI Bank Ltd 524.80 533.50 521.65 24,868,376
Power Grid Corporation of India Ltd 186.60 188.15 185.85 3,030,791
Maruti Suzuki India Ltd 6,886.70 7,050.00 6,864.10 770,911
IndusInd Bank Ltd 1,465.85 1,518.65 1,456.00 2,990,724
Axis Bank Ltd 717.60 735.25 715.00 7,458,610
HCL Technologies Ltd 560.30 567.05 558.65 1,659,752
Oil & Natural Gas Corpn Ltd 126.55 129.50 126.30 5,097,809
NTPC Ltd 112.65 114.70 112.20 3,836,996
Indian Oil Corporation Ltd 124.40 126.90 123.85 6,177,505
Coal India Ltd 192.00 197.00 190.90 5,644,775
GAIL (India) Ltd 117.15 121.70 115.85 12,255,623
Bharti Airtel Ltd 444.85 452.40 442.85 11,415,172
Tech Mahindra Ltd 757.50 771.35 755.55 1,092,422
Adani Ports & Special Economic Zone Ltd 366.15 371.30 363.40 2,376,977
UltraTech Cement Ltd 4,157.85 4,196.20 4,124.20 227,870
Yes Bank Ltd 56.00 60.75 55.15 282,441,286
Bajaj Auto Ltd 3,206.10 3,258.00 3,193.10 275,871
Bajaj Finserv Ltd 8,853.10 9,035.50 8,824.25 167,027
Bharti Infratel Ltd 259.70 262.00 247.55 29,550,642

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.