Nifty Share Price

11,594.45

-158.35 (-1.35%)

22-Apr-19 16:39

Open

11,727.05

Prev. Close

11,752.80

High

11,727.05

Low

11,583.95

Mkt Cap.

8,582,774.06

Div Yield

1.12

PE

29.33

Performance

One Week (%)

1.35

One Month (%)

2.54

One Year (%)

11.65

YTD (%)

0.72

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,443.35 1,459.95 1,435.00 737,603
Britannia Industries Ltd 3,000.15 3,014.00 2,971.00 150,447
Cipla Ltd 561.10 566.00 556.60 1,205,612
Eicher Motors Ltd 20,400.85 20,994.80 20,345.00 61,522
Grasim Industries Ltd 863.90 871.40 855.10 871,986
Housing Development Finance Corporation Ltd 1,953.90 2,010.00 1,948.00 2,002,662
Hero MotoCorp Ltd 2,689.50 2,749.95 2,685.00 453,998
Hindalco Industries Ltd 200.40 207.80 199.60 9,367,081
Hindustan Unilever Ltd 1,739.85 1,745.00 1,730.10 717,781
ITC Ltd 301.80 305.50 301.05 6,672,456
Larsen & Toubro Ltd 1,360.15 1,370.90 1,352.50 3,101,477
Mahindra & Mahindra Ltd 673.40 685.75 670.90 1,483,513
Reliance Industries Ltd 1,345.35 1,367.00 1,341.30 10,792,748
Vedanta Ltd 175.00 179.45 174.70 5,178,537
Tata Motors Ltd 234.85 239.35 231.70 30,282,217
Tata Steel Ltd 534.20 545.75 533.10 3,697,686
Wipro Ltd 288.25 289.00 285.10 8,412,054
Dr Reddys Laboratories Ltd 2,795.70 2,819.95 2,775.00 347,230
Titan Company Ltd 1,123.70 1,132.00 1,119.10 1,307,412
State Bank of India 310.05 312.30 306.35 15,665,440
Bharat Petroleum Corporation Ltd 340.10 354.40 339.00 6,921,422
Kotak Mahindra Bank Ltd 1,356.70 1,365.80 1,346.10 2,419,108
UPL Ltd 937.30 942.35 922.95 981,962
Infosys Ltd 721.05 725.75 715.00 6,455,426
Zee Entertainment Enterprises Ltd 396.55 405.70 394.50 3,418,483
Bajaj Finance Ltd 2,991.25 3,010.00 2,975.00 662,157
Sun Pharmaceuticals Industries Ltd 454.50 465.05 452.40 1,828,896
JSW Steel Ltd 291.25 302.45 289.25 6,083,105
HDFC Bank Ltd 2,268.70 2,325.00 2,261.00 5,245,105
Tata Consultancy Services Ltd 2,161.45 2,176.00 2,145.60 2,007,135
ICICI Bank Ltd 394.50 404.60 393.70 10,493,872
Power Grid Corporation of India Ltd 194.80 196.70 193.40 4,371,779
Maruti Suzuki India Ltd 7,321.25 7,424.90 7,300.00 479,609
IndusInd Bank Ltd 1,691.00 1,760.00 1,682.95 2,184,388
Axis Bank Ltd 755.50 768.90 750.55 4,185,156
HCL Technologies Ltd 1,101.10 1,114.30 1,095.00 1,115,258
Oil & Natural Gas Corpn Ltd 157.90 161.50 156.90 5,543,020
NTPC Ltd 136.00 136.40 134.35 5,541,225
Indian Oil Corporation Ltd 149.75 152.75 148.85 12,552,321
Coal India Ltd 252.05 252.50 248.95 4,703,770
GAIL (India) Ltd 344.85 352.40 344.05 1,444,877
Bharti Airtel Ltd 349.40 358.55 336.60 13,824,740
Tech Mahindra Ltd 805.35 810.80 798.80 1,833,972
Adani Ports & Special Economic Zone Ltd 391.05 391.80 384.25 2,279,282
UltraTech Cement Ltd 4,204.85 4,279.00 4,180.00 182,038
Yes Bank Ltd 238.35 254.40 237.00 37,467,080
Bajaj Auto Ltd 3,050.00 3,079.00 3,041.50 186,563
Bajaj Finserv Ltd 7,472.75 7,580.00 7,455.35 127,023
Indiabulls Housing Finance Ltd 733.95 795.00 725.00 11,701,429
Bharti Infratel Ltd 299.60 310.85 295.55 1,606,392

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.