Nifty Share Price

10,142.15

113.05 (1.13%)

05-Jun-20 17:43

Open

10,093.80

Prev. Close

10,029.10

High

10,177.80

Low

10,040.75

Mkt Cap.

7,899,464.61

Div Yield

1.52

PE

23.42

Performance

One Week (%)

5.86

One Month (%)

10.17

One Year (%)

-14.37

YTD (%)

22.88

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,638.55 1,659.35 1,621.00 2,884,206
Britannia Industries Ltd 3,466.70 3,497.95 3,402.20 1,200,548
Cipla Ltd 650.90 669.75 649.00 6,481,383
Eicher Motors Ltd 17,495.35 17,620.00 17,310.10 195,071
Nestle India Ltd 17,096.85 17,460.00 16,956.55 162,096
Grasim Industries Ltd 627.15 630.70 609.50 3,133,694
Housing Development Finance Corporation Ltd 1,766.60 1,788.95 1,740.60 6,691,738
Hero MotoCorp Ltd 2,340.65 2,363.95 2,308.00 1,138,282
Hindalco Industries Ltd 149.25 151.00 143.40 21,825,146
Hindustan Unilever Ltd 2,087.60 2,128.00 2,085.00 2,981,896
ITC Ltd 200.00 202.00 198.65 14,632,889
Larsen & Toubro Ltd 955.25 959.90 936.60 6,071,134
Mahindra & Mahindra Ltd 484.20 489.45 475.40 6,265,849
Reliance Industries Ltd 1,581.70 1,618.00 1,573.70 15,270,435
Vedanta Ltd 105.30 106.25 102.90 33,224,183
Shree Cement Ltd 22,089.60 22,430.00 21,500.00 55,227
Tata Motors Ltd 110.75 112.45 99.05 187,212,583
Tata Steel Ltd 338.95 343.65 325.05 30,918,495
Wipro Ltd 218.75 220.25 215.00 7,245,834
Dr Reddys Laboratories Ltd 4,024.90 4,050.00 3,992.30 771,006
Titan Company Ltd 990.95 995.00 967.00 3,136,141
State Bank of India 187.80 189.80 176.00 201,325,176
Bharat Petroleum Corporation Ltd 369.60 372.50 352.20 10,985,291
Kotak Mahindra Bank Ltd 1,337.80 1,358.00 1,321.00 5,688,226
UPL Ltd 439.40 445.95 423.55 12,315,989
Infosys Ltd 703.55 711.70 700.60 7,718,943
Zee Entertainment Enterprises Ltd 206.20 210.45 202.35 36,525,491
Bajaj Finance Ltd 2,390.35 2,409.00 2,275.00 15,850,081
Sun Pharmaceuticals Industries Ltd 494.25 511.00 492.20 22,798,422
JSW Steel Ltd 197.05 202.40 194.05 26,006,736
HDFC Bank Ltd 1,033.35 1,042.40 1,002.80 17,598,103
Tata Consultancy Services Ltd 2,048.25 2,098.00 2,040.30 3,573,299
ICICI Bank Ltd 357.20 360.00 347.00 37,251,290
Power Grid Corporation of India Ltd 171.45 174.30 164.55 12,854,049
Maruti Suzuki India Ltd 5,746.20 5,785.00 5,671.10 1,236,660
IndusInd Bank Ltd 422.35 427.30 411.20 26,350,017
Axis Bank Ltd 405.30 409.90 390.50 39,004,703
HCL Technologies Ltd 575.95 587.15 572.50 3,995,825
Oil & Natural Gas Corpn Ltd 86.95 88.80 85.00 18,203,733
NTPC Ltd 97.95 98.20 94.15 11,744,405
Indian Oil Corporation Ltd 89.40 90.05 86.20 24,128,677
Coal India Ltd 144.85 145.75 140.50 11,872,638
GAIL (India) Ltd 97.85 98.45 96.50 10,661,266
Bharti Airtel Ltd 584.35 590.00 567.45 47,874,414
Tech Mahindra Ltd 579.85 593.55 575.00 6,207,097
Adani Ports & Special Economic Zone Ltd 341.15 347.15 337.20 2,348,630
UltraTech Cement Ltd 3,869.55 3,928.50 3,805.00 697,747
Bajaj Auto Ltd 2,776.30 2,842.90 2,762.00 723,898
Bajaj Finserv Ltd 5,236.40 5,285.00 5,096.25 1,513,932
Bharti Infratel Ltd 236.25 239.70 223.00 18,569,728

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.