Nifty Share Price

14,504.80

194.00 (1.36%)

13-Apr-21 18:32

Open

14,364.90

Prev. Close

14,310.80

High

14,528.90

Low

14,274.90

Mkt Cap.

11,390,115.95

Div Yield

0.99

PE

32.72

Performance

One Week (%)

-1.22

One Month (%)

-2.84

One Year (%)

61.27

YTD (%)

-2.44

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 2,570.70 2,626.00 2,564.30 1,200,230
Britannia Industries Ltd 3,746.00 3,847.00 3,729.05 411,660
Cipla Ltd 885.20 932.60 878.30 11,667,200
Eicher Motors Ltd 2,493.85 2,504.95 2,420.20 720,904
Nestle India Ltd 17,168.85 17,599.95 17,040.10 110,527
Grasim Industries Ltd 1,392.20 1,406.70 1,370.60 1,423,254
Housing Development Finance Corporation Ltd 2,512.95 2,523.10 2,412.25 3,832,030
Hero MotoCorp Ltd 2,865.35 2,879.00 2,773.25 714,921
Hindalco Industries Ltd 348.70 350.30 336.20 12,942,071
Hindustan Unilever Ltd 2,454.40 2,505.90 2,448.80 1,811,781
ITC Ltd 208.70 209.70 206.00 20,247,639
Larsen & Toubro Ltd 1,373.70 1,382.00 1,347.25 2,063,654
Mahindra & Mahindra Ltd 811.25 817.00 750.80 12,501,628
Reliance Industries Ltd 1,931.80 1,940.60 1,917.85 8,958,261
Shree Cement Ltd 30,420.95 30,699.90 30,110.00 91,665
Tata Consumer Products Ltd 663.95 677.90 656.00 3,065,417
Tata Motors Ltd 302.85 304.55 280.55 116,874,853
Tata Steel Ltd 879.00 881.60 849.00 20,428,502
Wipro Ltd 418.95 437.55 412.60 20,420,320
Dr Reddys Laboratories Ltd 4,777.30 5,144.70 4,751.10 3,937,234
Titan Company Ltd 1,530.60 1,553.30 1,516.65 1,880,575
State Bank of India 341.00 342.25 330.50 49,773,360
Bharat Petroleum Corporation Ltd 409.40 412.50 402.20 4,032,156
Kotak Mahindra Bank Ltd 1,775.85 1,786.05 1,723.45 3,118,742
UPL Ltd 604.60 618.50 589.00 10,046,450
Infosys Ltd 1,397.15 1,435.25 1,375.00 14,855,206
Bajaj Finance Ltd 4,728.75 4,774.90 4,514.05 3,175,019
Sun Pharmaceuticals Industries Ltd 627.35 635.55 616.10 7,399,207
JSW Steel Ltd 630.35 632.80 604.00 26,091,257
HDFC Bank Ltd 1,400.35 1,406.45 1,361.00 9,300,341
Tata Consultancy Services Ltd 3,104.05 3,214.00 3,073.05 8,654,596
ICICI Bank Ltd 560.60 563.80 537.85 25,445,897
Power Grid Corporation of India Ltd 208.75 209.40 202.45 11,154,981
Maruti Suzuki India Ltd 6,815.80 6,845.40 6,468.80 995,718
IndusInd Bank Ltd 877.40 881.00 844.50 6,778,840
Axis Bank Ltd 661.00 664.85 630.00 12,737,650
HCL Technologies Ltd 983.40 1,020.80 972.20 7,773,994
Oil & Natural Gas Corpn Ltd 102.05 102.50 98.05 25,505,623
NTPC Ltd 100.60 101.15 99.25 19,192,856
Indian Oil Corporation Ltd 88.80 89.25 87.10 15,976,037
Coal India Ltd 127.95 128.45 124.80 7,809,483
Bharti Airtel Ltd 536.15 540.00 523.10 6,535,007
Tech Mahindra Ltd 1,001.85 1,050.25 983.00 6,448,995
Divis Laboratories Ltd 3,718.45 3,850.00 3,702.00 606,699
Adani Ports & Special Economic Zone Ltd 731.05 755.75 701.35 52,812,517
HDFC Life Insurance Company Ltd 706.10 710.70 685.00 4,171,978
SBI Life Insurance Company Ltd 897.80 900.75 874.75 1,174,856
UltraTech Cement Ltd 6,604.45 6,656.45 6,504.60 551,188
Bajaj Auto Ltd 3,602.45 3,623.70 3,515.20 412,122
Bajaj Finserv Ltd 9,806.70 9,847.50 9,190.05 830,915

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.