Nifty Share Price

11,008.05

71.20 (0.65%)

17-Jul-18 17:06

Open

10,939.65

Prev. Close

10,936.85

Mkt Cap.

7,993,646.69

Div Yield

--

PE

--

PB

--

Performance

One Week (%)

0.56

One Month (%)

1.93

One Year (%)

11.01

YTD (%)

7.80

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,376.25 1,383.50 1,353.10 1,166,581
Cipla Ltd 637.45 639.60 620.10 2,228,377
Eicher Motors Ltd 27,153.70 27,479.20 26,981.70 83,593
Grasim Industries Ltd 940.75 948.80 919.15 666,308
Housing Development Finance Corporation Ltd 1,989.30 1,998.00 1,968.00 2,171,225
Hero MotoCorp Ltd 3,488.60 3,514.60 3,398.55 318,577
Hindalco Industries Ltd 219.50 221.25 208.05 8,643,253
Hindustan Unilever Ltd 1,681.70 1,780.00 1,678.20 6,188,478
ITC Ltd 269.85 273.00 269.30 10,033,333
Larsen & Toubro Ltd 1,286.85 1,291.00 1,268.80 1,598,278
Mahindra & Mahindra Ltd 922.45 925.30 901.10 1,791,101
Reliance Industries Ltd 1,092.35 1,095.95 1,069.60 6,469,256
Vedanta Ltd 210.10 212.35 203.20 7,590,806
Tata Motors Ltd 257.95 259.00 252.30 6,350,966
Tata Steel Ltd 532.35 535.70 513.00 10,792,706
Wipro Ltd 283.90 288.95 281.75 5,426,840
Dr Reddys Laboratories Ltd 2,065.30 2,119.00 2,057.05 1,422,184
Titan Company Ltd 845.15 855.20 826.00 2,849,218
State Bank of India 259.05 259.85 250.45 16,067,598
Bharat Petroleum Corporation Ltd 392.65 395.50 384.60 7,021,980
Hindustan Petroleum Corporation Ltd 281.30 283.50 270.00 14,169,111
Kotak Mahindra Bank Ltd 1,400.60 1,415.75 1,393.20 1,449,255
UPL Ltd 571.00 575.75 560.00 2,101,596
Infosys Ltd 1,327.90 1,349.50 1,312.70 5,580,845
Lupin Ltd 827.40 831.50 810.35 2,386,757
Zee Entertainment Enterprises Ltd 516.85 521.90 507.05 3,789,259
Bajaj Finance Ltd 2,469.15 2,492.25 2,435.60 944,686
Sun Pharmaceuticals Industries Ltd 548.65 551.75 533.00 3,699,579
HDFC Bank Ltd 2,176.75 2,181.00 2,163.25 1,590,481
Tata Consultancy Services Ltd 2,002.15 2,009.00 1,981.00 3,315,492
ICICI Bank Ltd 266.45 267.50 260.00 15,128,995
Power Grid Corporation of India Ltd 181.45 182.25 180.00 2,642,742
Maruti Suzuki India Ltd 9,445.40 9,479.70 9,347.00 457,123
IndusInd Bank Ltd 1,905.00 1,927.55 1,892.00 1,131,560
Axis Bank Ltd 537.90 539.85 519.00 4,511,522
HCL Technologies Ltd 980.30 984.00 969.00 1,620,973
Oil & Natural Gas Corpn Ltd 156.15 156.85 152.45 3,952,416
NTPC Ltd 155.30 156.00 153.05 2,225,734
Indian Oil Corporation Ltd 164.45 165.85 160.10 17,102,464
Coal India Ltd 264.75 266.80 261.25 2,595,243
GAIL (India) Ltd 358.70 366.35 357.00 3,473,207
Bharti Airtel Ltd 342.55 350.70 340.00 4,884,957
Tech Mahindra Ltd 646.80 664.90 644.55 2,658,597
Adani Ports & Special Economic Zone Ltd 366.70 369.20 360.80 1,775,116
UltraTech Cement Ltd 3,895.20 3,925.50 3,840.30 175,938
Yes Bank Ltd 380.80 385.90 375.60 12,586,691
Bajaj Auto Ltd 3,094.20 3,125.95 3,085.00 563,857
Bajaj Finserv Ltd 6,346.05 6,367.00 6,212.45 105,454
Indiabulls Housing Finance Ltd 1,152.60 1,156.95 1,125.00 771,142
Bharti Infratel Ltd 303.35 307.25 297.10 836,130

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.