Nifty Share Price

11,138.75

-111.80 (-0.99%)

22-Sep-20 11:25

Open

11,301.75

Prev. Close

11,250.55

High

11,302.20

Low

11,084.65

Mkt Cap.

8,917,277.06

Div Yield

1.45

PE

32.25

Performance

One Week (%)

-1.66

One Month (%)

-1.06

One Year (%)

-3.01

YTD (%)

36.31

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,937.90 1,995.70 1,936.55 1,011,070
Britannia Industries Ltd 3,556.85 3,678.00 3,545.00 330,344
Cipla Ltd 777.35 787.00 755.15 6,544,043
Eicher Motors Ltd 2,045.20 2,122.15 2,033.65 793,763
Nestle India Ltd 15,202.15 15,430.00 15,100.00 52,056
Grasim Industries Ltd 727.95 746.00 706.80 1,377,785
Housing Development Finance Corporation Ltd 1,677.85 1,716.25 1,675.70 1,873,787
Hero MotoCorp Ltd 2,986.50 3,052.00 2,960.00 542,058
Hindalco Industries Ltd 163.90 168.95 160.80 9,483,871
Hindustan Unilever Ltd 2,005.05 2,054.75 2,003.60 1,241,232
ITC Ltd 174.75 176.75 173.75 8,908,276
Larsen & Toubro Ltd 863.20 887.95 861.95 1,872,860
Mahindra & Mahindra Ltd 610.35 624.25 603.00 2,560,184
Reliance Industries Ltd 2,218.75 2,277.00 2,201.55 8,222,663
Shree Cement Ltd 18,730.10 19,075.00 18,424.00 25,029
Tata Motors Ltd 131.90 138.15 129.65 44,941,986
Tata Steel Ltd 369.25 377.30 358.20 11,305,737
Wipro Ltd 311.25 316.75 303.95 10,558,279
Dr Reddys Laboratories Ltd 5,156.95 5,260.00 5,055.00 4,221,326
Titan Company Ltd 1,105.00 1,127.50 1,093.15 826,530
State Bank of India 185.40 187.70 181.15 25,617,853
Bharat Petroleum Corporation Ltd 391.10 403.80 382.20 4,674,548
Kotak Mahindra Bank Ltd 1,293.00 1,301.50 1,275.70 1,639,186
UPL Ltd 523.45 537.90 512.35 2,726,811
Infosys Ltd 998.05 1,016.60 991.20 5,519,153
Zee Entertainment Enterprises Ltd 200.60 212.35 193.35 27,552,140
Bajaj Finance Ltd 3,263.25 3,353.80 3,217.05 2,070,344
Sun Pharmaceuticals Industries Ltd 507.00 511.00 493.60 5,175,110
JSW Steel Ltd 270.10 275.15 262.70 7,829,392
HDFC Bank Ltd 1,045.75 1,058.15 1,040.00 4,101,386
Tata Consultancy Services Ltd 2,481.70 2,498.80 2,458.00 2,167,344
ICICI Bank Ltd 350.95 356.15 349.50 14,039,021
Power Grid Corporation of India Ltd 168.30 170.45 166.50 2,166,540
Maruti Suzuki India Ltd 6,370.05 6,685.95 6,312.35 1,138,300
IndusInd Bank Ltd 550.70 578.00 543.70 13,560,503
Axis Bank Ltd 416.50 426.65 415.00 11,728,069
HCL Technologies Ltd 811.85 825.35 790.55 11,197,235
Oil & Natural Gas Corpn Ltd 69.50 71.30 68.75 7,910,945
NTPC Ltd 87.95 88.40 85.30 11,547,556
Indian Oil Corporation Ltd 75.95 78.40 75.40 11,402,891
Coal India Ltd 119.75 122.00 118.85 5,242,700
GAIL (India) Ltd 85.45 88.50 82.85 12,779,420
Bharti Airtel Ltd 472.45 478.50 461.00 10,583,650
Tech Mahindra Ltd 790.05 803.00 772.00 4,174,353
Adani Ports & Special Economic Zone Ltd 332.15 348.35 327.15 2,735,914
HDFC Life Insurance Company Ltd 577.30 579.90 566.30 1,137,291
UltraTech Cement Ltd 3,888.15 3,919.00 3,794.00 145,923
Bajaj Auto Ltd 2,982.00 2,994.45 2,942.10 340,780
Bajaj Finserv Ltd 5,645.40 5,719.65 5,545.00 295,577
Bharti Infratel Ltd 180.10 192.60 179.60 5,554,278

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.