Nifty Share Price

10,890.30

0.00 (0%)

17-Jan-19 8:33

Open

0.00

Prev. Close

10,890.30

High

0.00

Low

0.00

Mkt Cap.

7,878,826.80

Div Yield

1.24

PE

26.17

Performance

One Week (%)

0.32

One Month (%)

0.02

One Year (%)

1.77

YTD (%)

6.64

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,389.75 1,412.95 1,387.70 1,189,597
Cipla Ltd 511.50 515.95 509.00 1,446,921
Eicher Motors Ltd 20,735.70 20,783.95 20,626.00 67,468
Grasim Industries Ltd 826.30 841.45 820.80 1,926,154
Housing Development Finance Corporation Ltd 1,975.00 1,994.75 1,965.50 1,878,811
Hero MotoCorp Ltd 2,879.85 2,914.95 2,870.30 261,721
Hindalco Industries Ltd 208.40 210.50 206.55 8,209,760
Hindustan Unilever Ltd 1,772.55 1,794.80 1,766.80 2,054,033
ITC Ltd 294.05 296.55 291.70 7,784,035
Larsen & Toubro Ltd 1,342.15 1,361.50 1,336.00 2,454,470
Mahindra & Mahindra Ltd 726.25 732.50 724.55 1,288,969
Reliance Industries Ltd 1,135.90 1,145.00 1,130.35 6,382,777
Vedanta Ltd 196.30 202.25 195.70 12,554,389
Tata Motors Ltd 185.45 187.35 184.05 11,874,245
Tata Steel Ltd 474.55 479.90 472.70 5,280,293
Wipro Ltd 336.55 339.80 329.05 9,896,290
Dr Reddys Laboratories Ltd 2,616.95 2,627.70 2,575.30 946,148
Titan Company Ltd 961.20 970.40 959.30 1,118,736
State Bank of India 303.15 306.65 302.10 12,111,480
Bharat Petroleum Corporation Ltd 347.25 349.00 342.35 4,781,001
Hindustan Petroleum Corporation Ltd 240.60 244.65 239.20 2,721,203
Kotak Mahindra Bank Ltd 1,202.75 1,216.95 1,198.00 2,374,649
UPL Ltd 766.10 775.95 752.60 2,584,090
Infosys Ltd 736.80 737.80 728.50 9,658,944
Zee Entertainment Enterprises Ltd 452.10 475.75 450.20 19,555,435
Bajaj Finance Ltd 2,569.85 2,612.15 2,562.80 952,597
Sun Pharmaceuticals Industries Ltd 453.80 457.40 447.15 5,879,148
JSW Steel Ltd 286.45 293.25 285.35 3,752,082
HDFC Bank Ltd 2,120.20 2,125.00 2,108.25 1,313,113
Tata Consultancy Services Ltd 1,870.15 1,875.00 1,847.00 2,359,280
ICICI Bank Ltd 375.30 379.75 372.05 15,106,484
Power Grid Corporation of India Ltd 192.00 194.15 191.60 4,789,937
Maruti Suzuki India Ltd 7,310.25 7,384.00 7,291.10 424,769
IndusInd Bank Ltd 1,526.70 1,532.00 1,495.95 2,188,162
Axis Bank Ltd 664.00 670.40 660.70 6,598,151
HCL Technologies Ltd 938.25 954.20 936.75 850,621
Oil & Natural Gas Corpn Ltd 146.35 147.25 145.20 3,667,241
NTPC Ltd 146.35 148.50 145.70 4,732,815
Indian Oil Corporation Ltd 135.80 136.00 134.15 6,605,251
Coal India Ltd 232.05 233.40 231.55 2,050,899
GAIL (India) Ltd 325.50 331.45 323.55 5,083,489
Bharti Airtel Ltd 333.95 345.25 331.40 6,944,533
Tech Mahindra Ltd 699.90 705.00 697.00 1,922,647
Adani Ports & Special Economic Zone Ltd 389.30 390.70 379.20 2,847,403
UltraTech Cement Ltd 3,887.00 3,908.00 3,835.20 201,711
Yes Bank Ltd 208.35 209.15 203.50 58,015,710
Bajaj Auto Ltd 2,717.45 2,736.00 2,706.00 218,357
Bajaj Finserv Ltd 6,464.85 6,535.00 6,440.40 119,680
Indiabulls Housing Finance Ltd 829.60 838.00 808.00 5,907,953
Bharti Infratel Ltd 275.85 284.40 274.50 3,605,390

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.